Production of Russian flu vaccines in Nicaragua may start on October 22Society & Culture October 22, 7:44
Mascot of 2018 World Cup should be remembered like Olympic Mishka, Mutko saysSport October 22, 6:31
Nineteen people killed, 3 injured in helicopter crash landing in Russia's YamalSociety & Culture October 22, 5:00
Donetsk’s suburb comes under shelling by Ukrainian troopsWorld October 22, 4:16
Russia to host 2018 FIFA World Cup at highest level — MutkoSport October 22, 2:12
Wolf chosen as mascot of 2018 FIFA World Cup in RussiaSport October 22, 2:00
Warming in Russian-British relations not in sight over short term, says expertRussian Politics & Diplomacy October 22, 1:38
Ceasefire agreements signed with 15 more Syrian settlements — Russian Defense MinistryWorld October 22, 0:39
Russian State Duma speaker confirms readiness to meet PACE presidentRussian Politics & Diplomacy October 22, 0:15
“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.