The favourable market situation will contribute 2% of GDP to Russia's economic growth this year, while 0.25% will be inherited from the previous year (the accumulative effect), said Mr Kuranov.
"In the years to come the effect of a favourable market situation will be subsiding and will go down to 1.2%-1.5% by 2007," said Mr Kuranov.
Mr Kuranov recalled that GDP was expected to grow 6.4% in 2004 if oil prices were not lower than $27.5 per barrel. The 2005 economic development scenario envisages $26 per barrel.
Last year, the favourable market situation accounted for 1.9% of the 7.3% of GDP growth, according to Mr Kuranov.