MOSCOW, July 25 (RIA Novosti) - The Russian government on Thursday approved an array of measures it hopes will boost growth, Economic Development Minister Alexei Ulyukayev told journalists.
The IMF has revised its forecast for Russia’s economic growth downwards three times since the start of the year, from 3.8 percent to 2.5 percent of GDP.
Speaking after the government meeting that approved the stimulus package, Ulyukayev listed its five main strands as: encouraging small and medium size businesses, boosting investment activity, easing access to credit and loans, improving the overall business environment, and also tackling problems related to Russia’s World Trade Organization (WTO) accession.
Investment growth in Russia fell by 1.3 percent in the second quarter of the current year after showing 0.2 percent growth in the first quarter, according to the Federal Statistics Service.
Investment-boosting measures include creating public-private partnerships, changing related laws, tapping into the National Welfare Fund and Pension Fund for major infrastructure projects, and opening up tax incentives for individuals investing in Russian public company securities, Ulyukayev said.
Measures to address issues related to Russia’s WTO accession include supporting domestic enterprises that, the minister said, have suffered as a result of cuts in export duties.
The fact of registration and authorization of users on Sputnik websites via users’ account or accounts on social networks indicates acceptance of these rules.
Users are obliged abide by national and international laws. Users are obliged to speak respectfully to the other participants in the discussion, readers and individuals referenced in the posts.
The websites’ administration has the right to delete comments made in languages other than the language of the majority of the websites’ content.
In all language versions of the sputniknews.com websites any comments posted can be edited.
A user comment will be deleted if it:
The administration has the right to block a user’s access to the page or delete a user’s account without notice if the user is in violation of these rules or if behavior indicating said violation is detected.
Users can initiate the recovery of their account / unlock access by contacting the moderators at firstname.lastname@example.org
The letter must contain:
If the moderators deem it possible to restore the account / unlock access, it will be done.
In the case of repeated violations of the rules above resulting in a second block of a user’s account, access cannot be restored.
To contact the team of moderators, write to email@example.com