TASHKENT (Sputnik) – Speaking at the Shanghai Cooperation Organization (SCO) summit in Uzbekistan, the Russian minister assuaged fears of the Brexit’s long-term effects on global markets, adding that Russia’s privatization plans were also unaffected by the move.
"I do not see how it can affect [ministry forecasts]," Ulyukaev told reporters when asked to comment on the influence the Brexit referendum could have on the ministry’s macroeconomic forecasts, including on oil prices and capital outflows.
On Thursday, the United Kingdom held a referendum to determine whether or not the country should leave the European Union. According to the final results of the referendum, 51.9 percent of voters, or some 17.4 million people, decided to support Brexit, while about 16.1 million opposed it.
"I think not. I do not understand how it can affect [Russia’s privatization plans]," Ulyukaev reiterated.
