VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN
“Support from Russian citizens has always helped us, and I’m confident that the government’s future line-up will rely on the people. We must never forget about the needs of ordinary people. We must always remember how government-level decisions influence the lives of all ordinary Russian citizens.”
"The priorities here, as in regional politics in the regions of the Russian Federation should include: wage payment, the creation of new jobs, and fulfilling the social obligations to Russian citizens."
"The volume of Federal support for the regions in the revised budget has been increased by 36% compared with 2008. This help is accounted for in the new budget. In total we have set aside 1 trillion 200 billion roubles for this."
"So, by comparison with 2008 the budget for transport infrastructure development will increase by more than 100 billion roubles. It will rise to 560 billion roubles including 312 billion to be spent on motorways, compared to the figure of 294 billion for 2008."
"We need to develop alternative modes of trade, so that people have a choice: not only the main supermarket chain, but also weekend markets, local shops and so on."
"It should be said that federal budget spending on the national economy has been increased by 70% in 2009, to a record-high 1.733 trillion roubles (it was 1 trillion roubles in 2008)."
"I have already put the 2009 deficit at 3 trillion roubles, which is in the order of 7.4% of the GDP, as I said, but taking into account those quasi - fiscal resources, and above all, the same expenses from the central bank for the capitalisation of Sberbank, other expenses, it will be 8%. Such a sizeable deficit is a strong, effective medicine for the economy, but it should not be misused. That is why our plan envisages a strict programme to lower the deficit to 3% of the GDP by 2011. At the same time we suggest a war on inflation."
"We also needed to support banks- and probably above all - because we needed to preserve the people's savings in our banks and prevent the paralysis of settlements between enterprises. We attained both goals."
"Moreover, the banks that received support managed to increase lending to the real sector by more than 15% over the five crisis months, and issued loans worth more than 1 trillion roubles."
"We had to protect the national currency affected by the flight of capital and declining export revenues, to ward off the attacks against the rouble. We managed to prevent uncontrollable devaluation. As we promised, the decline in the rouble exchange rate, which was inevitable in the situation, was smooth; that allowed the economy and people to adjust to the new realities."
