Russian health minister says producing vaccines in Nicaragua is "very profitable"Society & Culture October 23, 7:36
Russia, EU should set up strategic planning committee — former foreign ministerRussian Politics & Diplomacy October 23, 6:07
DPR to raise issue of Ukrainian forces’ shellings in DPR’s south — envoyWorld October 23, 5:06
Georgia’s Orthodox patriarch to visit Moscow to mark Russian patriarch’s 70th birthdaySociety & Culture October 23, 4:21
Iraqi forces enter last settlement on northern approaches to Mosul — mediaWorld October 23, 3:56
Azerbaijan’s president says his country will not increase oil outputBusiness & Economy October 23, 3:29
Second round of parliamentary election to be held in Lithuania on SundayWorld October 23, 2:49
Russian Duma delegation to take part in BRICS forum, IPU Assembly in GenevaRussian Politics & Diplomacy October 23, 2:11
Ceasefire in Syria violated 44 times in 24 hours — Russian reconciliation centerWorld October 23, 1:36
MOSCOW, September 21. /TASS/. The share of small and medium enterprises (SME) in the national economy should grow several-fold, Russian President Vladimir Putin said on Wednesday at the meeting of the Council on Strategic Development and Priority Projects.
"The headcount of employees engaged in small businesses and sole entrepreneurship should grow to 20 mln by 2018," the President said. "We should reach over the longer term small business employment level and its GDP share comparable with indicators of countries where businesses, small and medium-size ones in the first instance, are the backbone of the economy," Putin added.
The president went on to say that natural monopolies and state-owned companies purchased goods and services from small and medium enterprises amounting to over 1 trillion rubles ($15.5 bln).
"SME Development Corporation shows its efficiency and relevance. Procurements of natural monopolies and companies with government participation from small businesses grew more than tenfold throughout this year and are over 1 trillion rubles ($15.5 bln) by now," Putin said.
Over 110,000 jobs were additionally created in small enterprises as a result, the head of state said. "These are good figures," the Russian president concluded.