VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN

Point of View

19 december
2008
Targeted Support for the Economy 197

“We agreed with representatives of municipal governments and some regions to jointly implement this project [acquire new vehicles for the needs of all areas managed by the municipal government.]. Seventy percent of the funding will come from the federal budget and 30% from the local and regional budgets. In all, we must channel about 30 billion roubles into this programme.”

Vladimir Putin
Meeting on additional measures to stabilise and rehabilitate the country’s auto industry, Naberezhnye chelny, 19 December 2008
19 december
2008
Targeted Support for the Economy 197

“Significant amounts of vehicles are bought for state purposes annually. I believe the Government should boost state acquisitions in 2009. I know that the auto pools of our social services are in bad need of renovation, along with those of the Interior, Defence and Emergencies Ministries. The federal ministries planned to allocate 15 billion roubles for this purpose next year. We'll channel an additional 12.5 billion roubles to the ministries, departments and other federal bodies for fleet purchases. The additional funds should be distributed in a way to both meet the agency's goals and to support domestic manufacturers. The purchases should be evenly distributed across the industry.”

Vladimir Putin
Meeting on additional measures to stabilise and rehabilitate the country’s auto industry, Naberezhnye chelny, 19 December 2008
19 december
2008
Targeted Support for the Economy 197

“The Transport Ministry will be instructed to establish a special leasing company under the federal target programme to modernise the country's transport system. A total of 40 billion roubles will be transferred to that company from several different sources for acquisitions of Russian-made vehicles.”

Vladimir Putin
Meeting on additional measures to stabilise and rehabilitate the country’s auto industry, Naberezhnye chelny, 19 December 2008
19 december
2008
Targeted Support for the Economy 197

“At a time when domestic producers are forced to slash production, I think it especially unacceptable to spend federal funds purchasing foreign cars and trucks. Let me emphasise that I am referring to so-called "direct imports" here.”

Vladimir Putin
Meeting on additional measures to stabilise and rehabilitate the country’s auto industry, Naberezhnye chelny, 19 December 2008
19 december
2008
Targeted Support for the Economy 197

“As for the new assembly plants recently established in Russia by major foreign automakers, we also regard them as part of the domestic auto industry. In this sense, I am making no distinction between Volkswagen, Renault, Ford and Toyota plants, and Russian VAZ and GAZ. Foreign assembly plants operating in Russia are entitled to government support as much as local manufacturers - naturally, assuming they comply with the required domestic content agreement.”

Vladimir Putin
Meeting on additional measures to stabilise and rehabilitate the country’s auto industry, Naberezhnye chelny, 19 December 2008
19 december
2008
Targeted Support for the Economy 197

“Many manufacturers chose to suspend vehicle assembly in December 2008-January 2009. The industry's problems stem from plummeting consumer and commercial demand. Therefore, government action in this case should try to mitigate this alarming trend. To begin with, I think the Government, natural monopolies and preferably the largest private companies should purchase predominantly domestic products.”

Vladimir Putin
Meeting on additional measures to stabilise and rehabilitate the country’s auto industry, Naberezhnye chelny, 19 December 2008
12 december
2008
Targeted Support for the Economy 197

“The last Government meeting decided to offer an extra 300 billion roubles in guarantees to core enterprises. Just yesterday I chaired a meeting in Rostov-on-Don in support of agricultural equipment production. We made some important decisions including the expansion of leasing offers to essentially boost demand - this is the biggest problem for this sector. To solve the problem we have decided to allocate an additional 25 billion roubles for leasing programmes. We have decided to subsidize interest rates on loans to businesses and farms at two thirds of the bank rate. A package of tax amendments has been passed to support industry, agriculture and small and medium-sized enterprises. We are shortly to consider an additional package of measures for agriculture. We will also take special measures to support the construction industry. Some are being developed and we are considering other options.”

Vladimir Putin
Meeting of the EurAsEC Interstate Heads of Government Council, Moscow, 12 December 2008
4 december
2008
Targeted Support for the Economy 197

“We need to get rid of monopolies on the market, which prevent airlines from buying jet fuel at market, not inflated prices. We will continue to address this problem persistently.”

Vladimir Putin
"Conversation with Vladimir Putin", Moscow, 4 December 2008.
4 december
2008
Targeted Support for the Economy 197

“We have allocated an additional 10 billion roubles to cover the price gap in the fuel sector. If necessary - we have coordinated the issue with the Agriculture Minister, who maintains contacts with agricultural producers - we will analyse the result and possibly increase allocations in the first quarter of next year. We have also allocated additional funds for fertilisers.”

Vladimir Putin
"Conversation with Vladimir Putin", Moscow, 4 December 2008.
4 december
2008
Targeted Support for the Economy 197

"To support the industry we allocated 175 billion roubles. These are long-term loans which must be directed to production or service-based businesses. At the same time, we will demand from the banks that they report to us on three sectors to which they are going to lend money. What are these sectors? These are farming, the defence industry and small and medium-sized businesses, as well as a long list of enterprises which we recommend."

Vladimir Putin
"Conversation with Vladimir Putin", Moscow, 4 December 2008.
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