Authorities could not estimate the magnitude of the crisis

The Chamber finds that the officials not to act effectively during the crisis. Thus, the Ministry of Economic Development gave incorrect predictions, and the government for nearly six months to decide. The biggest claim for monetary authority were to the Ministry of Economic Development, which, according to deputy chairman of the Accounts Chamber (AC), Valery Goreglyad not meet the challenge of ensuring the reliability of forecasts of key macroeconomic indicators. In the forecast of the GDP in 2009, the ministry made a mistake by 14,6% points with a tolerance of 0,5 PP, reported Vedomosti. But in August 2008, the Ministry of Economic Development forecast, expected GDP growth of 6.7%! It is true that the fall it became clear that such a prediction - rather a fantasy than a real picture of what is happening. The next version of the budget was adopted only in April next year, and the anti-crisis program - only in June. Even incorrect to discuss, the whole world was wrong: it is a crisis which could not foresee