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Putin urged to seek new sources of economic growth

Путин призвал искать новые источники роста экономики

Old sources of growth are exhausted, if you do not find the new, the dynamics of GDP will be about a zero mark, said the President of Russia Vladimir Putin at session of Presidium of the economic Council. The transcript published on the Kremlin website on Wednesday, may 25.

To overtake the whole world or be left behind forever. What I suggest Putin to do with the economy. Abstract Of Rain

Putin said that the Russian economy in General have stabilized, adapted to current conditions”. It is now necessary to turn to the strategic issues, urged the President.

Members of the Economic Council, according to Putin, will discuss the issues of the social sphere (health, education, housing system), the technological updating of national economy and improving the business climate, improving public administration system, the President said.

“The economic Council provides an opportunity for broader, open-ended and yet meaningful and professional dialogue with the participation of the already members of Parliament and heads of regions, representatives of the business community and the scientific and educational sphere”, — Putin said.

The President urged all members of the Council to move away from ideological preferences and to be guided by pragmatic approaches, focus on developing realistic and objective solutions

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

At a meeting of the Presidium of the Economic Council under the President will present their programs of economic development, Center for strategic research (CSR) under the leadership of former Finance Minister Alexei Kudrin and representatives of big and medium business of the Stolypin club. The common goal of achieving GDP growth of 4%. The President’s press Secretary Dmitry Peskov called the meeting “brainstorming”.

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