Russian President Vladimir Putin said that Russia provides serious credit assistance to Belarus for developing new industries in this country,TASSreported. “We provide serious credit and financial assistance to Belarusian economy;these funds contribute to the creation of new industries and jobs in the Belarusian regions,” he said in a video message to the participants of the VII Forum of Regions of Belarus and Russia. Putin stated that “Russia is the main investor in Belarusian economy.Russian companies account for almost half of all foreign direct investment in Belarus.” “More than 2,000 companies with Russian participation work in. Read more...
He recalled about current allowances to families with children, allowances to support the economy and pandemic-affected sectors. Russian President Vladimir Putin has said he is convinced the country will get over the coronavirus-triggered crisis with minimal losses. "I think Russia will be able to get over everything, to cope with everything and survive. The question is the price of it," he said in an interview with the Moscow. Kremlin. Putin program on theRossiya-1television channel on Sunday when asked whether Russia could have withstood such a crisis should it happen twenty years ago. "Looking back at the 1990s, well, it was a difficult time. In. Read more...
The President stressed that it is important to fully use the potential of national research institutions for the needs of agricultural production Russian President Vladimir Putin has set the task for the domestic agriculture sector to increase competitiveness in world markets, to develop gardening, wine-growing, its own seed production, as well as using advanced scientific developments. "As in all sectors of the economy, ones should not overlook strategic issues here [in the agriculture sector] as well, it is necessary to increase the competitiveness of Russian agricultural products, making domestic products and food be in growing demand both in our. Read more...
Such practice of developing targeted solutions and adjusting the measures that have been already taken will be continued in the near future, Russian President says. Russian President Vladimir Putin announced plans to hold meetings on the situation in agriculture, light industry, communications, and the IT industry. "Almost every week, with the participation of business, we hold meetings to support and develop key sectors of the economy. Such practice of developing targeted solutions and adjusting the measures that have been already taken will be continued in the near future," he said. Putin specified that the situation in agriculture, light. Read more...
Russian President Vladimir Putin has asked the government to consider the possibility of supporting online food delivery services, including partial subsidizing of such delivery cost during the coronavirus pandemic period,TASSreports. The relevant point is contained in the list of assignments of the head of state posted on the Kremlin’s website on Monday. The Russian government is tasked “to consider the possibility of supporting and delivering online services of public catering delivery, including through partial subsidizing of the delivery cost to small and medium business companies during the new coronavirus spread period. The deadline is May. Read more...
President Vladimir Putin says Russia wants to speed up the creation of a Eurasian transport network which would connect ports on Russia’s Arctic coast with ports on the Indian Ocean, Politcom.rureported. Asia and the Middle East were in the spotlight during the conference, which Putin has attended since its establishment in 2004. Infrastructure development was a key part of this year’s talks which took place last week. “Together, we must think about how to speed up the formation of a Eurasian transport network, a true grid of latitudinal and longitudinal routes,” Putin said in his speech at theValdai Discussion Clubconference. He also. Read more...
President Vladimir Putin considers the current situation in the Russian economy to be generally positive, according to the transcript of the meeting on economic issues released on the Kremlin’s website on Tuesday. "The situation in the Russian economy is generally positive on key parameters," he said. The president noted the dynamics of industrial output since the beginning of this year. "Industrial growth has reached 3.1% in eight months, including a 3.8% increase of manufacturing," he said. Putin also mentioned the performance of enterprises and organizations in terms of fixed capital investments that went up by 3.2% in the first. Read more...
Russia’s economic trends are positive but growth rates need to accelerate, the country’s president Vladimir Putin has said, according toNTV.“Russia has maintained positive economic growth rates for 13 quarters in a row,” the head of state said at a session on economic issues. He cited figures for January-May, which indicated that “the gross domestic product was 0.6% up, and industrial production increased by 2.4%.” “Still, it is necessary to achieve more stable, and most importantly, more dynamic growth,” Putin said. For this purpose, “it is necessary to maintain general macroeconomic stability, preserve the. Read more...
Western economic restrictions have deprived the Russian economy of $50 billion, but the European Union has been hit harder, losing $240 billion since 2014, Russian President Vladimir Putin said,RTreported. Other countries also felt the impact of anti-Russian sanctions, Putin said as heanswered citizens’ questions during the annual Direct Line Q&A sessionin Moscow on Thursday. The United States, which does not have the biggest trade turnover with Russia, has lost $17 billion due to sanctions, while Japan lost $27 billion, RT adds The Russian President added that the West is unlikely to significantly change its attitude toward Russia anytime soon, so Russia. Read more...
Foreign investment has been growing since the beginning of 2017, Russian President Vladimir Putin said in his address at the 21st St. Petersburg International Economic Forum (SPIEF) on June 2. Russian President Vladimir Putin delivers a speech during a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017 Source: Reuters "In the first quarter, the inflow of direct foreign investment into the Russian economy amounted to seven billion dollars. Notably, this is the best indicator for the relevant period in the past three years," Putin said. Russia's GDP has been growing for the third consecutive quarter,. Read more...
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