Putin suggests launching new investment cycle in Russia to achieve growth rates above global average

Maxim Shemetov 2

Russian President Vladimir Putin called for a structural change to the economy and its efficiency during his annual address to the Federal Assembly on Wednesday.

“In 2021, Russia’ GDP growth rates should be above the global average,” he said, adding: “To get such a dynamic, it is necessary to launch a new investment cycle, to boost investments in creation of jobs, infrastructure, development of industry, agriculture and services sector.”

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