Putin told how Russia was able to avoid a recession
Russia happened to defend recession due to the balanced macroeconomic policy, a responsible attitude to public finances, the steps of maintaining the stability of the banking and credit markets, said the head of Vladimir Putin.
Russia happened to defend recession due to the balanced macroeconomic policy, a responsible attitude to public finances, the steps of maintaining the stability of the banking and credit markets, said the head of Vladimir Putin.
"in Russia we most years we are pursuing a balanced macroeconomic policy, a responsible attitude to public finances, support the stability of the banking and credit markets, I want to contribute to the strengthening of key sectors of the economy. Because of this we were able to keep the economy from sliding into recession, " - said Putin at the closing ceremony of the business forum of the BRICS.
As noticed the President of Russia, the authorities do not believe that the current pace of GDP growth is sufficient, for this reason, try to make the most comfortable rules for new investments.
"Working hard on simplifying regulatory norms, build modern infrastructure ", he added.
the leader recalled that in October 2019, the world Bank once again improved assessment of the business and investment climate in Russia.
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