I think I know where the 4.8% comes from.
We have some slick motherf.... at one of the Press agencies am Westen.
Dmitry said that indeed there was a 2% fall in GDP this year from january to march
government.ru wrote:These negative trends continued into this year. In January-March 2015, GDP declined by approximately two percent and industrial production by 0.4 percent from the first quarter of last year.
Some creative people have quartered in and voila. 20 billion USD per quarter and you have your 80 billion. Given idiots don't know about fluctuating, you have the famous 2%, 2%, 2%, 2%.
Now about oil and gas?
government.ru wrote:Oil production has stabilised at about 527 million [metric] tonnes, a slight growth on the previous period. This level is enough to meet our own needs and our exports.
Natural gas production is 640 billion cubic metres. There was a slight fall, but we reached an agreement to build a new gas pipeline to Turkey and Greece, as you know, instead of South Stream. A breakthrough 30-year contract was signed on gas supplies to China. A section of the pipeline to China along the Sila Sibiri [Siberian Might] eastern route is under construction.
Now, a few words about the transport sector. It was largely thanks to state support that air transport continued to grow, including, which is especially important, on domestic routes – something we have been working on in recent years and which we finally managed to restore. Excluding Moscow, domestic air transport was up 22 percent, with over 10 million passengers carried. A total of 93 million people used air transport, which is 110 percent on 2013. Let me remind you that under the priority measures for domestic air travel, we set a 10 percent VAT rate to support carriers and therefore support our passengers.
The situation in the commuter railway service was difficult. Under the priority action plan, a zero VAT rate was introduced for this sector. The situation has on the whole stabilised and is under control.
I think RD needs a full time bombproofing for Russian news. Because the Free Press is always creative.