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  Saturday, July 4, 2020
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Russian Prime Minister Mikhail Fradkov has suggested that the government reviews the macroeconomic situation and adjusts the socioeconomic development forecast towards higher basic indices
The cabinet's Thursday session considered the forecast of Russia's socioeconomic development for 2005 and the fundamental parameters of the forecast for up to 2007. "I have to agree with the forecast, but I repeat that it has a reserve, above all, in oil prices," Mr. Fradkov said summing up the discussion. He called on the government to continue the analysis to form a more detailed forecast and to adjust these indices towards higher figures. "We can state that GDP will grow 6.9% in 2004, and 6.6% in 2005. But the real figures will be higher anyway, as they depend on the oil prices that are seeing a positive trend," Mr. Fradkov said to the cabinet. At the same time, when defending his position that GDP growth may amount to 7.5% in 2005, the premier called on "the government to do everything it takes and assure the growth." "We should pinch ourselves and wake up from the usual scheme of work. We should see to it that carriages do not lag behind the entire train. Perhaps, on the way, we will find the points where foreign carriages will join the train," said the prime minister. The premier promised to reform the energy, gas, transport, and housing and communal sectors in the next two-three years. The dispute between Fradkov and Kudrin over the reform of these sectors erupted when the premier asked whether it would be possible to register GDP growth at 7.5% in 2005. Moreover, the prime minister believes that ministers should change places from time to time. "I think that ministers should be replaced at their posts. After one has completed his maneuver and provided a certain reserve for his department - it is time to take up other areas," the prime minister said. "We are lacking a complex approachin our decisions, and sensible positions that lay the basis for rapid reforms," said Mr. Fradkov. According to Prime Minister Mikhail Fradkov, the cabinet approved the programme of state capital investment and the programme of federal targeted programmes on Thursday. In his words, 257 billion rubles will be allocated for federal targeted programmes in 2005, and 187.78 billion rubles for federal targeted investment prrogrammes. Fradkov instructed Deputy Prime Minister Alexander Zhukov to determine whether state customers of federal targeted programmes were correctly determined.
Print Russian Prime Minister Mikhail Fradkov has suggested that the government reviews the macroeconomic situation and adjusts the socioeconomic development forecast towards higher basic indices Bookmark Russian Prime Minister Mikhail Fradkov has suggested that the government reviews the macroeconomic situation and adjusts the socioeconomic development forecast towards higher basic indices

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