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Putin promises to bolster the country's economy if elected pres.

January 12, 2012, 15:06 UTC+3

The Head of Government also intends to devote special attention to innovations in order to raise the national economic competitiveness

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MOSCOW, January 12 (Itar-Tass) — If elected to the presidency, Vladimir Putin intends to bolster the country's economy and create all conditions for stimulating the private initiative, points out his draft election programme posted at the presidential candidate's website

"We shall create all conditions to stimulate the private initiative. Everyone, who contemplates starting his own business, will be able to do so. We shall help businesses by maintaining pressure on administrative barriers. We shall develop and guarantee entrepreneurial freedoms, such as, first of all, the protection from any encroachments on private property," the document reads.

The Head of Government also intends to devote special attention to innovations in order to raise the national economic competitiveness. The state will stimulate a technological re-equipment and help businesses to get access to modern technologies," Putin promises.

At the same time he intends to pursue a just and effective tax policy, which "must not only ensure an ongoing pumping up of the budget, but also prompt the creation of new enterprises, and expansion of the tax base".

"We shall be qualitatively improving work with the taxpayers resultant of a transition to full-scale electronic exchange of documents with tax control agencies, a cut in the duration and number of tax-related inspections, and the streamlining of tax accountability," the draft programme points out.

Touching upon agricultural development, the Prime Minister emphasized that the launching of a new business connected with the growing of crops will be streamlined to the utmost. "When starting his own business a farmer must know, what state support he can resort to," Putin maintains.

Separately, the presidential candidate touched upon the theme of transport links, promising to develop high-speed railways between large cities, expedite modernization in the making of federal, regional and rural roads, and ensure transport accessibility of each populated area.

"Reliable transport links promote people's mobility, the consolidation of the country and the regions, and a cut in transportation costs share in the price of any produce," the draft programme reads.

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