Russian emergencies minister offers assistance to Mexico after devastating quakeRussian Politics & Diplomacy September 20, 10:58
Chinese missile frigate to be open for public in VladivostokMilitary & Defense September 20, 10:41
Ukraine’s Naftogaz files lawsuit with The Hague court over Crimea assetsBusiness & Economy September 20, 9:42
Both Washington and Moscow not satisfied with bilateral relations — LavrovRussian Politics & Diplomacy September 20, 7:55
Situation with Russian, US diplomatic missions stabilized — TillersonWorld September 20, 7:07
Russia has no doubt that US can do something destructive to North Korea — LavrovRussian Politics & Diplomacy September 20, 6:21
ECHR rules not to revise its judgement on Beslan hostage taking caseWorld September 19, 19:18
Trump vows to 'totally destroy North Korea' if threatenedWorld September 19, 17:50
Russian top brass calls on US to not hamper Damascus’ fight against terrorismMilitary & Defense September 19, 17:49
MOSCOW, July 13. /TASS/. Increase of expenditures on Russia’s medical care, infrastructure and education by 3% of GDP will trigger economic growth of more than 3%, head of Center for Strategic Development Aleksei Kudrin said Wednesday.
"Over longer term, until 2020, we have to increase expenditures in these sectors (infrastructure, education, medical care - TASS) totally by at least 1% of GDP. If we want to reach economic growth of more than 3%, and preferably of 4%, we have to boost expenditures in these sectors by 3% of GDP, according to our estimates," Kudrin said at the first meeting of the Council on Strategic Development and Priority Projects, adding though that expenditures in those sectors have to be reduced within the budget policy in nominal terms.
Russian President Vladimir Putin announced the establishment of the Council at the St. Petersburg International Economic Forum on June 17. The Council will deal with key projects aimed at structural changes in the economy and social sphere and at raising economic growth rates, President said.
The Council Presidium chaired by the Prime Minister will meet monthly and the Council headed by the President will hold meetings once per quarter.