LPR hands over body of observer killed in land mine blast to OSCEWorld April 24, 9:39
How Arctic residents adapt to global warmingScience & Space April 24, 9:32
Reconstruction of two Arctic airports to cost some $4.9 millionBusiness & Economy April 24, 8:54
Emmanuel Macron and Marine Le Pen to face each other in runoffWorld April 24, 8:13
Danish defense minister accuses Russians of hacking into his staff’s emailsWorld April 24, 7:50
PROFILE: Emmanuel Macron poised to become France’s youngest presidentWorld April 24, 6:44
North Korea ready to carry out nuclear test at any time — expertsWorld April 24, 5:56
Swedish think tank puts Russia in world’s top three biggest defense spendersMilitary & Defense April 24, 4:35
Ukraine reconciliation meeting in Minsk postponed over OSCE car blastWorld April 24, 3:21
MOSCOW, December 21 (Itar-Tass) — The inflation rate in Russia will reach by slightly more than 6 percent in 2011, Prime Minister Vladimir Putin told the Congress of the Business Russia public organization on Wednesday.
"The inflation by the results of the year will amount to slightly more than 6 percent, a historical minimum for a modern Russia," Putin said.
He promised that the government would continue to "do everything necessary to ensure a stable rouble rate and a low inflation, maintain tough budget discipline and guarantee unconditional freedom of the movement of capital."
The premier reminded that the market of global capital had shrunk dramatically and that the situation in Europe and the USA, and in the world economy in general was far from being ideal.
Russia therefore has to launch its own domestic investment engine, i.e. support manufacturing business and create the conditions to make investments in the domestic industry advantageous, Putin said.