Medvedev says new Putin orders to require 25 tln rbl of spending - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Medvedev says new Putin orders to require 25 tln rbl of spending

MOSCOW, May 8 (PRIME) -- President Vladimir PutinТs economic development plan until 2024 will require about 25 trillion rubles, candidate for the post of prime minister Dmitry Medvedev said on Tuesday.

УIn accordance with preliminary estimates, the amount will be raised by a third and will stand at about 25 trillion rubles over the years to come, so at least 8 trillion rubles will have to be added to amount weТve planned earlier. Besides, I would like to point out that this is the minimum level. If additional income emerges, we will find how to spend it,Ф Medvedev said.

He said that elimination of excessive restrictions on business and the economy and freedom to creative ideas must be prioritized. The government plans no nationalization, he said.

The government is not preparing any changes to the personal income tax, currently at 13%, he said.

Putin said that Medvedev, as well as several other members of the government and presidential administration, created the economic development plan. УI believe it is quite logical for this team to fulfill these plans.Ф

Medvedev said that the government will elaborate 12 priority projects until October 1 and works on them will start Уtoday straightaway.Ф

Medvedev said if appointed to the post of the prime minister, he will present the proposals on government structure to the president and will nominate his deputies and ministers as soon as possible.

Putin ordered the government on Monday to ensure RussiaТs entry into the top five of global economies, a higher than global rise of the national economy and inflation not exceeding 4%, among other goals, such as a 50% reduction of the poverty level, a stable growth of real disposable income and a rise in pensions above inflation.

(62.7148 rubles Ц U.S. $1)

End

08.05.2018 16:28
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 79.1749 -0.1846 19 sep
USD 67.7519 -0.4439 19 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1123.03 +2.14 18:50 18 sep
micex 2402.58 +1.21 18:50 18 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 157.08 +1.04 18:49 18 sep
lkoh 4685.00 +1.17 18:48 18 sep
rosn 440.40 -0.20 18:49 18 sep
sber 191.65 +1.88 18:49 18 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 79.1900 -0.2175 14:59 18 sep
USDTD 68.0075 -0.0025 17:44 18 sep