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

Point of View

6 march
2009
Targeted Support for the Economy 197

“So, what will we spend on the high tech spheres of the economy? There are about 300 billion roubles left. If we add Vnesheconombank's credit portfolio, and its 300 billion roubles are federal money, we'll have almost 600 billion. Banks receiving federal support will give us roughly 200 billion roubles. All in all, we'll have 800 billion roubles for high-tech spheres.”

Vladimir Putin
Meeting on the development of civilian marine technology, St. Petersburg, 6 March 2009
6 march
2009
Targeted Support for the Economy 197

“About 110 billion roubles will be spent on shipbuilding this year. It goes without saying that this spending must be effective. Shipbuilding should constitute restructuring in this context.”

Vladimir Putin
Meeting on the development of civilian marine technology, St. Petersburg, 6 March 2009
6 march
2009
Targeted Support for the Economy 197

“One final point. In 2009, we are launching a new, 8-year federal targeted programme called "The Development of Civilian Marine Technology". We often say that by the time it emerges from the current difficult economic and financial situation, our economy should be more modern and competitive. Some might ask, how can this be achieved? Well, programmes such as this are part of the answer.”

Vladimir Putin
Meeting on the development of civilian marine technology, St. Petersburg, 6 March 2009
6 march
2009
Targeted Support for the Economy 197

“We have many shipbuilding facilities, but unfortunately, they can hardly be called modern or efficient. They are in need of sweeping modernisation and wherever practicable, they should be converted to serve other needs. At the same time, practice shows that the most effective projects are "green field projects". In the shipbuilding industry, a breakthrough investment project of this sort that would raise the industry to a qualitatively new technological level must be the creation of new shipyards geared toward meeting civilian needs.”

Vladimir Putin
Meeting on the development of civilian marine technology, St. Petersburg, 6 March 2009
6 march
2009
Targeted Support for the Economy 197

"At present, the USC has a blueprint of the programme of civilian shipbuilding. The main targets are as follows: building fishing vessels, about 265 units; development of the Russian transport system under that programme, 791 vessels; planned commissions by Gazprom and Rosneft, 307 vessels before 2030."

Vladimir Putin
Meeting on the development of civilian marine technology, St. Petersburg, 6 March 2009
6 march
2009
Targeted Support for the Economy 197

“All organisational measures to reform the shipbuilding industry must be completed by April 1 of this year, and by that time we should complete the formation of the United Shipbuilding Corporation (USC). Secondly, the production programme of the United Shipbuilding Corporation should be developed and approved by that time, too. The main emphasis should be on producing a range of competitive civilian ships that will be in demand in the market. We should realistically assess our potential and occupy the niches where we can offer competitive and even exclusive goods.”

Vladimir Putin
Meeting on the development of civilian marine technology, St. Petersburg, 6 March 2009
12 february
2009
Targeted Support for the Economy 197

“I believe that despite all difficulties, oil companies should find the money for upgrading refineries and switching to the production of fuel of new standards.”

Vladimir Putin
Meeting to discuss the conditions and problems associated with oil industry development, St Petersburg Region, 12 February 2009
12 february
2009
Targeted Support for the Economy 197

“The Government has made a tough decision - to make sure that by 2012 the share of the effective use of petroleum gas reaches 95% of the scale of production.”

Vladimir Putin
Meeting to discuss the conditions and problems associated with oil industry development, St Petersburg Region, 12 February 2009
12 february
2009
Targeted Support for the Economy 197

“It is necessary to elaborate a special model of taxation that will be used for new oil and gas deposits. It should be based on the taxation of the real results of economic performance. It should encourage rational use of subsoil and the application of the most modern technology. At the same time, it should be based on transparent and simple administration.”

Vladimir Putin
Meeting to discuss the conditions and problems associated with oil industry development, St Petersburg Region, 12 February 2009
12 february
2009
Targeted Support for the Economy 197

“Considering that new deposits in East Siberia are being commissioned right now, it would be sensible to discuss temporary reduction of export duties on the local oil. As we know, transportation is expensive, and the infrastructure is not developed. We have just spoken about this, we know about this. In the morning we discussed this problem with the Government members. We consider it possible to support you.”

Vladimir Putin
Meeting to discuss the conditions and problems associated with oil industry development, St Petersburg Region, 12 February 2009
12 february
2009
Targeted Support for the Economy 197

“It is necessary to continue implementing investment projects on advancing oil refining, modernising and building new oil refineries, and improving the quality of oil products.”

Vladimir Putin
Meeting to discuss the conditions and problems associated with oil industry development, St Petersburg Region, 12 February 2009
12 february
2009
Targeted Support for the Economy 197

“The situation on the world energy market has considerably changed in the last few months. Oil prices have dropped more than three times. It would be no exaggeration to call this a dramatic change on the market. Needless to say, we had to focus on urgent measures to support our oil companies.”

Vladimir Putin
Meeting to discuss the conditions and problems associated with oil industry development, St Petersburg Region, 12 February 2009
12 february
2009
Targeted Support for the Economy 197

“It is obvious that reduced taxes on oil production and other preferences should be thoroughly sized up and well balanced. They should also determine the industry's priorities with due account of the budget potentialities and the domestic economy in general.”

Vladimir Putin
Meeting to discuss the conditions and problems associated with oil industry development, St Petersburg Region, 12 February 2009
12 february
2009
Targeted Support for the Economy 197

“The operating tax system is based on deriving profits from the exploitation of old oil deposits, and does not encourage subsoil users to develop new ones. We have already made decisions on the introduction of tax extraction tax holidays for the development of deposits in East Siberia, the Caspian Sea, the Arctic shelf, Yamal, and the Nenetsk Autonomous Area.”

Vladimir Putin
Meeting to discuss the conditions and problems associated with oil industry development, St Petersburg Region, 12 February 2009
11 february
2009
Targeted Support for the Economy 197

“I think that despite all current problems, the state is obliged to guarantee steady funding of fundamental research, and there will be no reductions in this sphere.”

Vladimir Putin
Meeting of the Council of Chief Designers, Moscow, 11 February 2009
11 february
2009
Targeted Support for the Economy 197

“We must think about funding the development of critical technologies in defence, healthcare, space, aircraft-building, education, and environmental protection. We will not curtail or shelve promising scientific and technological programmes.”

Vladimir Putin
Meeting of the Council of Chief Designers, Moscow, 11 February 2009
11 february
2009
Targeted Support for the Economy 197

“At the November meeting we adopted together with you a number of priority measures aimed at the company's financial recovery. I'd like to brief you once again on the planned measures - the MiG open joint-stock company will receive 15 billion roubles to increase its charter capital by issuing additional shares. The Government has already signed a relevant decree.”

Vladimir Putin
Meeting with top managers of Russia’s MiG Aircraft Corporation, Moscow, 11 February 2009
11 february
2009
Targeted Support for the Economy 197

“The company (MiG)has been awarded a state contract worth 17.3 billion roubles. As was just discussed, the Defence Ministry will pay 11 billion roubles in the first quarter. At the same time, we hope that the company will itself make a serious effort to improve its financial condition by streamlining spending, reducing costs, refinancing debts (I rely very much on the understanding of financial institutions), finding more effective forms of production cooperation, and begin reorganising the system of management and post-sales support.”

Vladimir Putin
Meeting with top managers of Russia’s MiG Aircraft Corporation, Moscow, 11 February 2009
11 february
2009
Targeted Support for the Economy 197

“Since 2001, federal budget appropriations on civilian science have grown from 23 billion to 149 billion roubles - that is, more than six-fold. We have adopted a plan for the scientific and technical development and modernisation of the domestic economy for 2008-2010.”

Vladimir Putin
Meeting of the Council of Chief Designers, Moscow, 11 February 2009
10 february
2009
Targeted Support for the Economy 197

"The Governor asked for more than 600 million roubles from the federal budget. During all this time, different departments held consultations, and the final decision will be as follows: We will help him get these 620 million roubles, out of which 310 million will be subsidised, and another 310 million will be loaned to the Samara Region."

Vladimir Putin
Meeting to support AvtoVAZ’s social facilities, Moscow, 10 February 2009
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