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Putin to discuss support of investment at meeting with cabinet members

During the meeting, the Minister of Economic Development Maxim Reshetnikov will make a report

© Mikhail Metzel/POOL/TASS

MOSCOW, November 3. /TASS/. Russian President Vladimir Putin will hold another meeting as a videoconference with government members on Thursday.

The Kremlin’s press service said earlier that the meeting would mainly focus on discussing the instruments supporting investments amid the current conditions. Economic Development Minister Maxim Reshetnikov will deliver a report.

Reshetnikov said at a meeting of the Federation Council’s economic policy committee earlier that the ministry expected a decline in investments in the second half of the year. By the end of the year the ministry projects a contraction by around 2%, considering the current situation. The recovery process is expected to start next year, whereas starting 2024 Russia’s economy is projected to demonstrate growth, according to the minister.

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