By 2020, the growth rate of the Russian economy will exceed the world's, - Putin
By 2020, economic growth rates in Russia will be higher than the world. Russian President Vladimir Putin stated this in his message to the Federal Assembly.
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“I instruct the government, with the participation of leading business associations, no later than May of next year, to develop a substantive action plan until 2025, the implementation of which will allow us to reach economic growth rates above world rates by the turn of 2019–2020, and therefore increase Russia’s position in the global economy ", Putin said.
Now, according to the president, the decline in the real sector of the Russian economy has stopped, and there has been a slight industrial growth.
“In 2015, more than 85 million square meters of housing were commissioned. This is a record figure in the entire history of the country. In the automotive industry as a whole, we have a slight decrease, but for trucks there is an increase of 14,7 percent, for light commercial vehicles there is an increase of 2,9 percent, and for buses there is an increase of 35,1 percent. In railway engineering - an increase of 21,8, in freight cars - 26. Very good dynamics are demonstrated by the growth in the production of machinery and equipment for agriculture - 26,8 percent. There are also positive dynamics in light industry,” Putin said.
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