US Congress votes to make Magnitsky Act applicable to other statesWorld December 09, 8:18
Analysts assume Trump poised to improve ties with RussiaWorld December 09, 8:12
UN envoy on Syria suggests resumption of intra-Syrian talksWorld December 09, 6:42
US Senate prohibits defense cooperation with RussiaMilitary & Defense December 09, 4:55
Russia, Cuba sign defense cooperation program until 2020Military & Defense December 09, 3:26
Putin jokingly suggests Russia should develop teleportationScience & Space December 09, 2:07
Russian investigators conduct searches across Russia over doping casesSport December 09, 1:52
Source: Postponing OPEC, non-OPEC meeting still option for RussiaBusiness & Economy December 09, 0:35
Sports arbitration court strips Russian boxer of 2016 Olympic silverSport December 08, 22:48
“A number of internal problems hamper our forward movement,” the prime minister said. “They are firstly infrastructure restrictions and low investment dynamics. There is also a serious need to renovate most Russian institutions.”
Economic growth was slower than had been forecast, Medvedev said. “We counted on a more considerable economic revival in the middle of the year. Unfortunately, the foreign economic situation made us revise the mid-term forecast,” he added.
“We also have to correct our inflationary expectations,” Medvedev added, assessing the current rate at 7.8%
In a wider review, Medvedev said industrial output had grown 1.3% over the first eight months of the year while agriculture had strengthened by nearly 5%
Real incomes had continued to rise, the labour market remained stable and unemployment was steady at about five percent of the economically active population against 5.7% last year, he added. State debt and the budget deficit were stable and healthy gold and currency reserves had been maintained.