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Medvedev: Russia not resolve task of sustainable economic development

December 02, 2013, 17:32 UTC+3 GORKI
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GORKI, December 02. /ITAR-TASS/. Russian Prime Minister Dmitry Medvedev acknowledged that the task of sustainable economic development is not resolved in the country.

“The task to ensure sustainable economic development remains unsettled and the key factor is a higher labor productivity,” the prime minister said at a meeting devoted to the fulfillment of the May 7, 2012 presidential decrees on Monday.

“The modernization of currently operating productions, creation of highly efficient jobs, the education of modern specialists remain on the list of the top priorities,” he said.

“The specific ministries, other agencies and companies with the state capital, in general, business and regional chief executives should work on this further in the well-coordinated way,” Medvedev noted.

He also noted the need “to provide conditions for a massive inflow of investment in production industries.”

“This was also a quite uneasy goal this year, however, we have outlined the mechanism of making investment in the National Welfare Fund and pension savings, the procedure of independent technological audit with the need of public control. We should do the work on investment programs of the companies with state stakes and infrastructure monopolies,” the prime minister said.

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