Russia hopes Astana talks on Syria will yield package of documents on de-escalation zonesRussian Politics & Diplomacy June 25, 20:31
Russians’ real incomes up by 3% in May - Russian finance ministerBusiness & Economy June 25, 18:39
All doping tests of Russian players at 2014 FIFA World Cup are negativeSport June 25, 15:10
Police refrains from calling Newcastle incident a terrorist attackWorld June 25, 13:14
Putin offers condolences to Pakistan’s president over fire victimsRussian Politics & Diplomacy June 25, 12:39
Fire of fuel tank kills 123 people in Pakistan - TVWorld June 25, 7:58
Muslims worldwide celebrate Eid al-FitrSociety & Culture June 25, 5:18
Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
DONGUZSKY RANGE /the Orenburg region/, September 19. /TASS/. Russian President Vladimir Putin has demanded that financial stability should be secured for companies of the Russian defence sector amid negative trends in key macroeconomic indicators.
"The important goal is to ensure financial stability for enterprises of the defence industry," Putin told a meeting of the Military-Industrial Commission on Saturday.
Long-term programmes within the framework of the state programme on weapons have been approved in certain, rigid prices and those cannot be altered in the course of the programmes’ implementation, he said.
At the same time, the inflation rate is determined upon the results of the yearend, or in other words when state order commitments should be met, he said.
"Along with this, amid a negative trend in key macroeconomic indicators, the companies are faced with a difficult situation. They lose revenues they might invest in development and then difficulties with the budget emerge," he said. "In this context approaches should be elaborated that would secure the balance for financing state orders. I will underline again: strictly within the allocated resources."
"Everything is clear the [rouble exchange] rate is volatile and the amounts of money can be regarded as somewhat different but we do not need indicators on the paper, we need, as you all often say, ‘things’ - made of metal and supplied to the troops," the president said.
Supplementary investments should be drawn into enterprises of the defence industry to strengthen their economic position, he said noting that finances would allow to upgrade basic military and defence technology and to carry out research work and its applications for creating the most advanced weapons and military equipment.