15 February 2013, 12:00

Russia’s economic prosperity impossible without democracy – Medvedev

Russia’s economic prosperity impossible without democracy – Medvedev

Russia’s economic prosperity is unachievable without democracy, said Prime Minister Dmitry Medvedev when addressing an economic forum in the Siberian city of Krasnoyarsk earlier today.

He stressed the need to develop Russia's economic and political system by making the latter more open and by involving the greatest possible number of citizens in settling management problems, according to the Voice of Russia correspondent.

Medvedev also said that one should gather one’s own strength to ensure Russia’s further development.

We either come to realize that we should give an impulse to the nation now, or we will vegetate and limit ourselves to making statements on what we would like to have, just as some economies have been doing, he said.

The Prime Minister came out for presenting more effective socio-economic development programs that investors would be ready to invest in. 

Dmitry Medvedev: 5% economic growth possible

Russia’s Prime Minister Dmitry Medvedev believes that meeting the ambitious target of ensuring Russia’s yearly economic growth at 5% is possible.

Speaking at the Krasnoyarsk Economic Forum in Siberia the Russian prime minister said that even though the 5% target presented quite a challenge, it was essential to pursue a number of important projects, first of all, in the hi-tech sector.

Russia is in need of a brand new model of economic growth amid the ever increasing demand for high quality education and healthcare and an effective social policy, Medvedev said.

According to Dmitry Medvedev, this demand which demonstrates an increase in living standards would be unimaginable in a weak state.

The government needs substantial investments to meet these challenges, the prime minister said.

Voice of Russia

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