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Putin demanded “to look beyond the horizon” and find new sources of economic growth

Путин потребовал "заглянуть за горизонт" и найти новые источники роста экономики

Economic growth in Russia itself will not resume, need to find new sources of growth. About it as transfers TASS, said Vladimir Putin at the first two years the meeting of the Presidium of the Economic Council under the President of the Russian Federation.

“I consider it necessary once more to emphasize that by itself, economic growth does not resume. If we don’t find new sources of growth, then GDP growth will be somewhere around the zero mark,” – said Putin.

The head of state acknowledged that in the current situation, resources that were previously moving the Russian economy forward will no longer work.

According to the President, it is necessary to ensure “the growth of the domestic economy and conduct structural reforms to improve its effectiveness”. “It is very important to maintain macroeconomic stability, to prevent the buildup of the budget deficit and acceleration of inflation,” he said.

Vladimir Putin also urged participants not to focus on theoretical concepts in relation to the economy or ideological preferences, and focus on the pragmatic side of the issue and how it is really possible to implement all ideas.

“There is no monopoly on the truth in economic discussions should not be. Here I ask everyone during our meetings possible to get away from ideological preferences, not confined within the framework of certain theoretical concepts, and to be guided by pragmatic approaches, focus on developing realistic and objective decisions”, – said the head of state.

Experts, according to the President, have already started to prepare concrete proposals in the framework of the working group of the Economic Council. Putin expressed hope that these proposals will be heard, but also heard the government’s proposal and tips of the business community.

The suggestions of the experts, the government and the business community to this meeting sounded behind closed doors, reminds TASS. Prepared three concepts – economic development, experts led by former Finance Minister Alexei Kudrin and specialists of the Stolypin club.

Kudrin, recall, prepared a presentation, which stated that the task to reach the average annual economic growth rate of 4% is achievable taking into account the implementation of the whole complex of measures. The return of the economy to previous growth rates of 5-7% a year is almost impossible, even if oil prices rise above $ 50 per barrel. Applicants state that the potential growth can be increased to 4% through effective use of labor resources and stimulating investment.

The President’s press Secretary Dmitry Peskov called the meeting “brainstorming”. Specific decisions to take not planned, we are talking about the expert point of view, he previously explained.

Not expecting any decisions and presidential aide Andrei Belousov. “I would call it comparing notes, reconciliation of positions, the first sighting, the first approach to a shell”, – he explained.

Earlier it was reported that in 2016, revived the Economic Council Presidium will meet four times and will begin with a discussion of the economy. Then he will prepare for unpopular reforms, including pension. Some of them can become projects with which Putin will go for a fourth term,” said the sources.

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