Novak units measures that can speed up the entry of the Russian economic system into the record of the 4 largest economies on the earth

Russia – Alexander Novak, candidate for the place of Russian Deputy Prime Minister, has recognized measures that can speed up the development of the Russian economic system from fifth to fourth place on the record of the world’s largest economies based on buying energy.

The next are the steps that Novak outlined in a speech earlier than the Russian Home of Representatives on Monday:

– Making certain GDP development

– Stimulating industrial growth and new manufacturing

– Making certain technological and monetary independence, honest competitors, and earnings development for residents

– Selling industrial manufacturing and attracting investments, together with non-public funding

– Elevated exports of non-primary supplies by about 66% and agricultural merchandise by 1.5 instances

– Growing cooperation with pleasant international locations and rising the transit of products

– Native market growth, power safety, industrialization, and technological sovereignty within the nationwide gasoline and power advanced

– Diversifying gasoline exports and updating the power technique till 2050

Earlier this 12 months, Russian President Vladimir Putin set a objective for the federal government to lift the Russian economic system from fifth to fourth place on the record of the world’s largest economies based on buying energy parity.

Russia occupies fifth place globally within the record of the world’s largest economies based on buying energy parity, and never a lot separates it from Japan, which holds fourth place. Based on Russian officers, the Russian economic system has the capabilities to prevail over its Japanese competitor.

Supply: RT

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2024-05-15 09:05:54

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