Russia ensuring rights of workers at FIFA World Cup construction sites — officialSport May 26, 3:08
Russian emergencies minister arrives in flood-hit southern RussiaWorld May 26, 2:56
NATO to join anti-IS coalition but unlikely to engage in combat — chiefWorld May 26, 0:23
Son of LUKOIL corporation co-owner tops list of Russia's richest legateesBusiness & Economy May 26, 0:23
Russian Foreign Ministry: OPCW not rushing to investigate chemical incident in SyriaRussian Politics & Diplomacy May 25, 21:28
Russia’s legendary barque Kruzenshtern calls at Belgian portSociety & Culture May 25, 20:26
OPEC and non-OPEC countries to develop cooperation outside Vienna agreementBusiness & Economy May 25, 19:44
Russia squared-off with Western media blitz to smear World Cup preparationsSport May 25, 19:35
NATO seeks to continue and expand dialogue with RussiaWorld May 25, 19:01
MOSCOW, February 18. /TASS/. The Russian economy is gradually adjusting, the new external economic conditions, Prime Minister Dmitry Medvedev told a cabinet meeting.
The situation with oil prices stimulates structural changes in the economy, he added.
"The economy is gradually, although it is incurring certain expenses, adjusting to the new external economic conditions. Now we should provide support to certain industries and sectors with high growth potential — car industry, light industry, transport machine building, agricultural machine building, housing and agriculture," Medvedev said.
According to the Prime Minister, these industries faster than others adjusted to the changing situation. The support measures that were approved last year showed good results in these sectors, he said.
He noted that a number of decisions to support those sectors had been made. In particular, the 2016 program envisages about 140 billion rubles ($1.8 bln) to support the automotive industry and 10.5 billion rubles ($139 mln) to support agricultural machine building.