Russia's gross domestic product may grow by 7.1 percent or more this year, Itar-Tass quoted Deputy Prime Minister, Finance Minister Alexei Kudrin as saying. Alexei Kudrin, has come out for restricting the role of the state in the economy. “The government's job should be to provide insurance against risks that there exist in the market of investments, and to maintain sufficient liquidity,” Kudrin told the conference Modernization of the Economy and Globalization. “But we should not substitute for the market and for the opportunities that there exist. Replacing market instruments with state control may eventually bring back the practices of rigid Soviet-era planning,” Kudrin said Kudrin said political stability itself was a condition for the Russian economy's stable development.
