Putin calls for investment incentive plan

2 March

The new government of the Russian Federation and the Central Bank of Russia are to present a plan for promote investment in the Russian economy, Russian President Vladimir Putin said in his annual address to the Federal Assembly.

The investment will be spent on modernization and technological upgrading of industries and the renewal of the manufacturing sector, according to President Putin. It is necessary to reach the level allowing every second company to carry out technological changes in a year’s time.


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