TASS, Moscow :
Russian President Vladimir Putin expects that the national government can support the economic growth rate above 3% after 2021.
“The government intends [to support GDP growth by 3% – TASS] from 2021 and higher later on. Therefore, I expect that we will be to do that. Certainly, some fluctuations are possible. Most importantly, we should join a different economic league, and not merely in terms of volumes. Taking the fifth place by volumes is well within reach for us,” the president said at his annual news conference. Russian government to allocate $20.4 bln in coming years to support domestic industry, Putin added.
Economic structure
Vladimir Putin believes that changes in the country’s economic structure, innovations, commitment to implementation of national projects will trigger GDP growth rates.
“It is hardly possible to ensure GDP growth rates required for a breakthrough unless the economic structure is changed. Currently, that is the target of national projects, with huge funds to be earmarked to change the structure, make it innovation-based. That is what the government expects. If that happens growth rates will rise, and other development prospects will appear,” he said at his annual news conference on Thursday.
The Russian government will allocate 1.376 trillion rubles ($20.4 bln) in the coming years to support the domestic industries, President Vladimir Putin at his annual news conference. “We have outlined a number of programs related to the support of specific industries. In general, by 2024 it will total 1.376 trillion rubles,” Putin said.
The Russian government will allocate $20.4 bln in the coming years to support the domestic industries:
“We have outlined a number of programs related to the support of specific industries. In general, by 2024 it will total 1.376 trillion rubles,” Putin said.
Russian President Vladimir Putin expects that the national government can support the economic growth rate above 3% after 2021.
“The government intends [to support GDP growth by 3% – TASS] from 2021 and higher later on. Therefore, I expect that we will be to do that. Certainly, some fluctuations are possible. Most importantly, we should join a different economic league, and not merely in terms of volumes. Taking the fifth place by volumes is well within reach for us,” the president said at his annual news conference. Russian government to allocate $20.4 bln in coming years to support domestic industry, Putin added.
Economic structure
Vladimir Putin believes that changes in the country’s economic structure, innovations, commitment to implementation of national projects will trigger GDP growth rates.
“It is hardly possible to ensure GDP growth rates required for a breakthrough unless the economic structure is changed. Currently, that is the target of national projects, with huge funds to be earmarked to change the structure, make it innovation-based. That is what the government expects. If that happens growth rates will rise, and other development prospects will appear,” he said at his annual news conference on Thursday.
The Russian government will allocate 1.376 trillion rubles ($20.4 bln) in the coming years to support the domestic industries, President Vladimir Putin at his annual news conference. “We have outlined a number of programs related to the support of specific industries. In general, by 2024 it will total 1.376 trillion rubles,” Putin said.
The Russian government will allocate $20.4 bln in the coming years to support the domestic industries:
“We have outlined a number of programs related to the support of specific industries. In general, by 2024 it will total 1.376 trillion rubles,” Putin said.
