Source Pravda.Ru

Mikhail Kasyanov: Russian economy becomes stable

Russian Premier Mikhail Kasyanov has announced that by the end of the year, the country's Gross Domestic Product will amount to 3.9% instead of the prognosticated 3.6%.

Now that Russian economy is becoming stable, the government's goal is to accommodate economic growth in the coming year, the premier told the annual Moscow-based investment conference entitled "Russia: Sustainable Development." At the same time, he said he was worried about the "slow growth of investments to Russian industry." According to his account, it barely reached 2.5% over the past eight months.

The government, however, is "ready to ensure macroeconomic stability and bring the inflation rate down to 14%," and to further reduce these parameters in 2003 by pursuing a well-thought-out budget and credit policy.

Kasyanov assured the assembly that in the coming year, the government would ensure economic growth by executing the judicial reform, the banking sector reform, and reforms in the agrarian field, tax reforms, and support of bank deposits.

Comments
Donbass without militia will be worse than Srebrenica - Putin
Capitalism reduced Indonesian cities to infested carcases
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
Tel Aviv, Jerusalem, capitals and puppets
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
Russian politician says Donald Trump extremely dangerous for Russia
North Korea says Trump makes first step towards nuclear war
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Capitalism reduced Indonesian cities to infested carcases
Should Russian athletes go to non-Olympic Games in South Korea?
Indian Origin of Egyptian Civilization
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
Why did the USSR lose the Moon race?
US military men depressed over of Russia's new T-5000 sniper rifle
Russia to counter Boeing's Х37В with top secret MiG-41 project
Should Russian athletes go to non-Olympic Games in South Korea?
Russia to rebuild its former Soviet naval base in Syria's Tartus