Putin pleased with acting at Moscow's Maly drama theaterSociety & Culture March 23, 23:35
Former Russian MP killed in Kiev, killer dies in hospitalWorld March 23, 23:32
Russia's Channel One refuses to broadcast Samoilova's performance via satelliteSociety & Culture March 23, 21:52
Experts forecast Bank of Russia will keep key rate at 10%Business & Economy March 23, 21:13
Putin's aide explains why Russia has no fear of supplying S-400 systems to TurkeyRussian Politics & Diplomacy March 23, 20:42
British police identify Westminster attacker as Khalid MasoodWorld March 23, 20:03
Russia develops ‘grenade launcher-propelled’ reconnaissance droneMilitary & Defense March 23, 19:58
Ukraine forbids Russian Eurovision contestant to perform via satelliteWorld March 23, 19:35
Jehovah’s Witnesses in Russia suspended over extremismSociety & Culture March 23, 19:00
GORKI, January 10. /TASS/. Russia can reach the inflation level of 4% this year, Prime Minister Dmitry Medvedev said on Tuesday.
"Delivery of the 4% inflation target for this year is fairly feasible," Medvedev said.
Inflation as of 2016 year-end turned out to be the all-time low throughout the contemporary history of Russia and totaled 5.4%, he added.
Such conditions were met due to the implementation of the 2016 government’s action plan for accelerated import substitution in individual industries, including agricultural sector. The main achievement is that confidence of people and business is maintained, the premier explained.
"This gives a hope for recovery of investment activity. Certain analysts already say the Russian market is one of the most promising for investments," Medvedev said.
The Russian premier stressed that all that was done despite the challenging situation in the economy caused by sanctions and low prices on energy carriers.