British prime minister calls Manchester blast "appalling terrorist attack"World May 23, 5:52
Nineteen people confirmed dead in Manchester Arena blastWorld May 23, 4:40
Senator: Ukrainian authorities reluctant to stop policy of restricting Ukrainians' rightsRussian Politics & Diplomacy May 23, 3:48
Maestro Gergiyev’s orchestra opens international music festival in SofiaSociety & Culture May 23, 3:44
Anti-Russian sanctions unlikely to be lifted shortly, says parliament speakerBusiness & Economy May 23, 2:33
Senior Russian MP says too early to speak of thaw in Russia-US tiesRussian Politics & Diplomacy May 23, 2:26
NATO’s saber-rattling only impairs security of alliance's members — diplomatRussian Politics & Diplomacy May 22, 20:20
Russian sledge hockey team may compete in 2018 Paralympics — IPCSport May 22, 18:53
PM Medvedev says envoy’s murder 'left imprint' on Russian consulate’s work in TurkeyRussian Politics & Diplomacy May 22, 18:40
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.