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Russian President Vladimir Putin's address to the Federal Assembly

Russia needs to boost consumer goods production — Putin

The country will also boost the portfolio of infrastructural loans to regions by at least 250 bln rubles ($2.7 bln) annually, the president noted

MOSCOW, February 29. /TASS/. Russia needs to scale up manufacturing of consumer goods, pharmaceuticals, equipment, lathes and motor vehicles, President Vladimir Putin said in the State of the Nation Address to the Federal Assembly.

"We should produce ourselves in much larger volumes consumer and other goods - pharmaceuticals, equipment, lathes, motor vehicles, and so on. We cannot do everything and we do not need to seek after producing everything. The government nevertheless knows, what should be worked out," the head of state said.

The country will also boost the portfolio of infrastructural loans to regions by at least 250 bln rubles ($2.7 bln) annually, Putin noted.

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