The time has come for a more efficient execution of investment policies in all natural monopolies, Russian Prime Minister Mikhail Kasyanov said while opening a cabinet session on Wednesday. The Cabinet of Ministers is considering an investment programme sponsored by the Railways Ministry. According to the Premier, a stress in this issue is laid on the improvement of management of property which is mostly controlled by the government and on a simultaneous reduction in costs, mainly non-manufacturing ones. "It's crucial to analyse the spending of tax-payers' money," Kasyanov said.
Russia proceeded to the construction of the first prototype of strategic stealth bomber aircraft as part of the Advanced Long-Range Aviation Complex