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Home›Russian economy›Russia’s economy is rebounding, according to Putin – Business & Economy

Russia’s economy is rebounding, according to Putin – Business & Economy

By Lawrence C. Saleh
March 31, 2021
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NOVO-OGARYOVO, March 31. / TASS /. Recovery trends in the Russian economy are strengthening but the income base in some regions is still unstable, President Vladimir Putin said in a meeting with cabinet members on Wednesday.

“The recovery trends of the Russian economy are only getting stronger. We know this well. Meanwhile, not all constituent entities see a steady increase in business activity, due to which the income base of regions is still unstable in many ways, ”Putin said.

The authorities are closely monitoring the subject of regional finances, the Russian leader said. The government has been tasked with preparing a concept for the regional infrastructure development program and addressing the issue of its funding, added the president.

Support settings for regions

The parameters for additional financial support to the regions in 2021 should be determined within a fortnight, said Vladimir Putin.

“I would like to reiterate that the work on the State of the Nation discourse is currently underway. the presidential speech “, declared the head of state.

The president also ordered to prepare specific proposals “on the restructuring of commercial debts and the launch of the regional infrastructure development program”.


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Tagspresident vladimirrussian economyvladimir putin
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