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15:28 28 Feb 2022

"We need to end this state capitalism": Deripaska on economic crisis in Russia

Russia has a real economic crisis, incomparable to 2014.

The Russian entrepreneur, Oleg Deripaska, wrote about it on the page in Telegram.

"Raising the rate, mandatory sale of currency (and they'll remember about the rate set by the Central Bank on the date of settlements) is the first test of at whose expense this banquet will actually be.

I really want clarifications and clear comments on economic policy for the next three months," he wrote.

Deripaska believes that to get out of the crisis they need real crisis managers, not science fiction writers with a pack of "presentations."

"Now, as in 2014, we will not be able to sit still. We need to change economic policy. We need to end this state capitalism," Deripaska added.

Deripaska has an asset in Ukraine: the Mykolaiv alumina plant.

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