SVE NEWS & TASS Sharing Series – Putin instructs cabinet to launch new investment cycle to boost Russia’s economic growth


MOSCOW, RUSSIA - FEBRUARY 12, 2020: Russia's President Vladimir Putin (background) holds a meeting on economic issues at Moscow's Kremlin. Alexei Nikolsky/Russian Presidential Press and Information Office/TASS

MOSCOW, February 12. /TASS/. President Vladimir Putin marked positive trends in Russia’s macroeconomic indicators and instructed the government to launch a new investment cycle, which will help the national economy grow above the global average.

“Our common main task is to make economic growth more solid, high-quality and sustainable, taking into account external challenges and risks,” the head of state said at a meeting on economic issues on Wednesday.

He called the high rate of economic growth the basic condition for successful social development, creation of new jobs, growth of incomes of Russian citizens, as well as for the positive demographic changes Russia needs.

The President noted that last year, Russia’s GDP growth totaled 1.3%, while in the fourth quarter of 2019, its dynamics increased to 2.3%.

“The key indicator such as the industrial production index is up 2.4% last year; agricultural production added four percent, retail sales are growing,” Putin noted.

“Inflation dropped to three percent in 2019, now it is 2.4% in annual terms. Unemployment is at a reliably low level: 4.6% on average over the past year,” the head of state added.

Putin recalled that the safety margin of the country’s economy and financial system is guaranteed by accumulated reserves.

According to him, the amount of the National Wealth Fund exceeds $125 billion, while the international reserves amount to $560 billion. “All these factors provide us with macroeconomic stability and make the national economy less sensitive to changes in the global environment,” Putin concluded.

New investment cycle

President Vladimir Putin instructed the government to launch a new investment cycle so that the country’s economy can grow faster than the global economy in 2021.

“The main task of the economic agenda is to launch a new investment cycle, to achieve an annual investment growth rate of at least five, and preferably five to seven percent, to ensure economic growth rates above the world level next year,” he said at a meeting on economic issues.

“In this respect, I am counting on the joint work of the government and the Bank of Russia,” he added.

Putin drew attention to the fact that each percentage point of investment growth means new jobs and modernized jobs, as well as additional demand for professional and qualified personnel with decent wages, not only in large cities, but throughout the country.

He invited the participants of the meeting to share their ideas about what needs to be done in the near future to improve the business and investment climate.

“This has always been on our agenda in recent years, but we need to update these tasks, in particular to adopt the laws that were mentioned in the Address [State of the Nation Address to the parliament in 2020],” Putin said.

The President also stressed that all the social and investment plans stated by Russian authorities should be supported with funding in full scope.

“All the declared social, investment plans must be supported with funding to the full extent,” he said.

The meeting was attended by Prime Minister Mikhail Mishustin, Head of the Presidential Administration Anton Vayno, First Deputy Prime Minister Andrey Belousov, Presidential Aide Maksim Oreshkin, Heads of the Energy Ministry, Economic Development Ministry, Finance Ministry and the Central Bank.



Sources from: TASS

SVE NEWS is the leader in world news liberal sharing.

(Comments on this news are welcome)

Tips: More wonderful contents, please pay attention to “Instagram: @cwmalls “. From now on, WWW.CWMALLS.COM officially provides Custom Made Leather Jackets Series, Made to Order Leather Shoes Series, ODM Leather Bags Series around the world; whether for men’s style or women’s style, Whether it is Haute Couture, or prop clothing, performing costumes, professional clothing, special clothing, advanced customization, we can meet all your requirements; please pay attention and experience! Meanwhile, CWMALLS® Patented Product Series is also provided with Custom Made, Personal Tailor services, and appreciated and interacted synchronously via Google, Bing, FacebookTwitterInstagram,YouTube, Pinterest , LinkedInVK   and other sharing platforms; welcome worldwide web celebrities, fashion icons, opinion leaders, columnists and other friends, partners to comprehend and cooperate actively! Thank you! In 2020 CWMALLS people, CWMALLS team, CWMALLS complex will bring you more surprises and values!

67 thoughts on “SVE NEWS & TASS Sharing Series – Putin instructs cabinet to launch new investment cycle to boost Russia’s economic growth”

  1. An impressive share! I’ve just forwarded this onto a co-worker who was conducting a little research on this. And he actually bought me dinner because I found it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending time to discuss this issue here on your website.|

  2. I am in fact thankful to the holder of this site who has shared this wonderful post at here.|

  3. Best CBD Oil says:

    Thanks for sharing your thought

  4. i bookmared your site

  5. Thanks for sharing

  6. cbd oil says:

    Useful information. Lucky me I found your web site unintentionally, and I’m shocked why this accident did not happened in advance! I bookmarked it.|

  7. Unquestionably believe that which you stated. Your favorite justification appeared to be on the net the simplest thing to be aware of. I say to you, I certainly get annoyed while people think about worries that they plainly do not know about. You managed to hit the nail upon the top and defined out the whole thing without having side-effects , people could take a signal. Will probably be back to get more. Thanks|

  8. UK Scam says:

    Having read this I believed it was very enlightening. I appreciate you spending some time and energy to put this article together. I once again find myself personally spending a lot of time both reading and commenting. But so what, it was still worth it!|

  9. Hello are using WordPress for your site platform? I’m new to the blog world but I’m trying to get started and set up my own. Do you need any html coding expertise to make your own blog? Any help would be really appreciated!|

  10. You made some really good points there. I checked on the internet for more information about the issue and found most people will go along with your views on this web site.|

  11. It’s fantastic that you are getting ideas from this post as well as from our discussion made at this place.|

  12. cbd oil says:

    Thanks for sharing

  13. best cbd oil says:

    Touche. Sound arguments. Keep up the amazing work.|

  14. best cbd oil says:

    Woah! I’m really digging the template/theme of this site. It’s simple, yet effective. A lot of times it’s very difficult to get that “perfect balance” between superb usability and appearance. I must say you have done a awesome job with this. In addition, the blog loads very quick for me on Firefox. Exceptional Blog!|

  15. Hello, I think your site might be having browser compatibility issues. When I look at your blog site in Chrome, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, superb blog!|

  16. I really like your blog.. very nice colors & theme. Did you create this website yourself or did you hire someone to do it for you? Plz respond as I’m looking to design my own blog and would like to know where u got this from. appreciate it|

  17. I do believe all of the concepts you’ve introduced to your post. They’re really convincing and will certainly work. Still, the posts are too brief for starters. May just you please extend them a bit from subsequent time? Thanks for the post.|

  18. Hey very interesting blog!|

  19. Excellent article. I definitely love this site. Stick with it!|

  20. Hello just wanted to give you a quick heads up. The words in your content seem to be running off the screen in Safari. I’m not sure if this is a format issue or something to do with browser compatibility but I figured I’d post to let you know. The layout look great though! Hope you get the issue solved soon. Kudos|

  21. Hi to every body, it’s my first go to see of this website; this webpage consists of remarkable and in fact good information for visitors.|

  22. my blog link says:

    Hello to every one, it’s truly a good for me to pay a quick visit this web page, it includes useful Information.|

  23. We are a group of volunteers and starting a new scheme in our community. Your web site provided us with valuable info to work on. You’ve done a formidable job and our whole community will be thankful to you.|

  24. Excellent site. Plenty of useful information here. I’m sending it to some pals ans additionally sharing in delicious. And of course, thanks to your effort!|

  25. I like the valuable info you provide on your articles. I’ll bookmark your blog and check again right here frequently. I’m somewhat sure I will be informed many new stuff proper right here! Good luck for the following!|

  26. Hi everyone, it’s my first go to see at this web page, and post is actually fruitful for me, keep up posting these articles or reviews.|

  27. film bokep says:

    My relatives always say that I am wasting my time here at net, but I know I am getting familiarity every day by reading such pleasant articles.|

  28. Hi there! I know this is kinda off topic but I’d figured I’d ask. Would you be interested in exchanging links or maybe guest authoring a blog post or vice-versa? My website goes over a lot of the same subjects as yours and I feel we could greatly benefit from each other. If you’re interested feel free to send me an e-mail. I look forward to hearing from you! Awesome blog by the way!|

  29. more… says:

    Excellent write-up. I certainly appreciate this site. Keep writing!|

  30. Woah! I’m really enjoying the template/theme of this website. It’s simple, yet effective. A lot of times it’s challenging to get that “perfect balance” between user friendliness and appearance. I must say you have done a superb job with this. In addition, the blog loads very quick for me on Opera. Outstanding Blog!|

  31. LivePorn says:

    I am genuinely happy to glance at this webpage posts which consists of plenty of useful data, thanks for providing these information.|

  32. These are in fact enormous ideas in concerning blogging. You have touched some nice points here. Any way keep up wrinting.|

  33. Best CBD Oil says:

    Hi there, just turned into alert to your weblog thru Google, and located that it’s truly informative. I am gonna watch out for brussels. I’ll be grateful for those who continue this in future. Numerous other people can be benefited out of your writing. Cheers!|

  34. Best CBD Oil says:

    Can you tell us more about this? I’d want to find out more details.|

  35. Hello, Neat post. There is a problem together with your site in internet explorer, may test this? IE nonetheless is the marketplace chief and a big component of other people will pass over your great writing because of this problem.|

  36. Ahaa, its fastidious discussion on the topic of this article here at this website, I have read all that, so at this time me also commenting here.|

  37. Good information. Lucky me I found your blog by accident (stumbleupon). I’ve saved as a favorite for later!|

  38. CBD for Dogs says:

    Good site you have got here.. It’s hard to find high quality writing like yours these days. I really appreciate people like you! Take care!!|

Leave a Reply

Your email address will not be published. Required fields are marked *