women. and i would ask everybody in the government responsible for profit as a nation business to remember that. there are more businesses that allegedly were for their own wealth and for the benefit of the country should produce a patriots. even though they did charity phone yours uses the knowledge then you can but you might squeeze the people who respect businesses and business community in general. time yes that's business i would like to remind you that together with the businessmen but he might just be we started working on the national business initiative was done to bring russia into the top twenty anybody contrary his friends of the business climate. this would the pony king of the road if you do we curb the unity of these sedition and our oath will come primarily not in the commodities sector of but install and medium enterprises. regionals and seems plain

enough or get rolled here is what we have this certain regions that lead to our would not be speech with the most able to the. suspect saying a ten percent g.d.p. growth in their regions with oil or gas a good engine. and so this is actually a good response to those who think we cannot exceed over four percent numbers any g.d.p. growth you're sure we hear you have an additional two point two point five percent and then right away you could have sixty percent g.d.p. growth completely we need to reduce the inflation rate is that and we can compare it to the interest groups i would ask. the finance minister in the banks to consider a proper mechanism for doing it i know that some american personal tell me that the central bank being given a couple issue not work of your own flying. to. yes most people saying

should be used for the sole i guess thing we stand here so we know that but the federal reserve in the us and central banks in some other countries yeah i was driven to black in black and white in their charter so they need to consider them. to be slowing growth it's not that i'm not saying we need to see your mind enough to change your religious affiliation immediately i just what i'm saying is that we should all be on the in the couple think about russia's economic development and are saving us should his work for them and put it over him through the national without us wealthier. is not an investing in the development question economy at the moment it is the only one but i think we did after all the reserve seven percent of g.d.p. we can send half of what is above this level into the russian economy especially for structure projects. i would be much more and know like you say

a few words about the necessary chessman stew are earlier in the new this year the reserve fund in the national welfare fund to get there early he puts into for work no will be as much will exist somewhere but look it will reach nine percent of g.d.p. this means i have a safe if you can assure that enough of the world's sole starting with twenty thirty minutes at the. after we create unnecessary management structure i suggest that some of the funds sit on a nurse in the world for a turn those that we care about start with a hundred billion rubles and this will be some say should be even more if you can leave my should be invested in russian securities soon that's coming up in twenty third we see you have the same exact thing for going to finance infrastructure projects just in the us and gov the experts agree with it so test the finance ministry to work in there with that it is important she is with us laurie these were objects to be profitable this is a necessary can. for sides there where it is important when with these projects and

to over there to be profitable to provide sustainable growth really is play should not require constant subsidise he is going to come from the national wealth. also as tax system should serve the same purpose will actually stimulate development in your country and we should let it shift the tax you are on the on the consumption and ask looting real estate was ok in many countries all over the world in actually in russia swirl we always talk about. them with no income tax and you know what my position is at this point we cannot then abandon this to the so called it is you feel that when rating is lose money the progressive rate. you look at this but it is socially just but doesn't have chilled provide for social justice or the end of the contrary it will be a burden on the middle class million can people believe that if you look at the

actual calculation c. will see that it is the holdup in a lot of this is. true and people will start it is he. says that the winner will eventually live. with you could receive less revenue out of me and i will not have enough money to finance the army and social programs these souls get in the car we need to be very careful nor will we deal with this issue but one thing we can do and we should do in a couple i get that was duties you must get if you introduce the so-called conspicuous consumption which is if there should be a tax on their way in the first six months of twenty eight thirteen we should implement our decision on this so-called luxury tax including the lobster tail real estate and luxury cars even if there are new. yeah we're just going to have nothing new going on we can't move next to a new. our economy we need competition about what's on there and i would ask the

government did. that over to you what it is that they can adopt a roadmap to before even approving these new competition in russia which you wish to start implementing this program next years you must come away i think this is necessary to do that because. i know the very well with. what kind of discussion so we usually have it is very simple radek we just talk about some important things we have six meetings but as soon as people live there or they forget about it on this new yes then we never get anywhere and we need to clear the document they are. now or that we can. actually commission definitely to their conclusions the backbone of our economic policies that led to the use of all sectors and. and to properly minister you to receive cures you can control you know we should get

a way through of them to attend this year in commodities because we have two thousand or so as new projects. in this train with services small and medium businesses and in the agricultural snow if your words about the agriculture of the demand for food is grown especially liberal being contrarians say and because you know russian what your parents you know who are in. it instead of the earth's bitrate you cultivated to lead it to get in the next one to be four to five years we should become a family that was we should provide all of the food that our country needs and then russia should become the world's biggest exporter this is a tremendous opportunity for us we should also pay a little to actually use environmental cleanup and even proving that it was in the environment all situation we are already working through in some areas is seen on the horrific. we said oh you're very high stand there you know if you're all just

thrilled to william and totally meeting our technology and me we will use on him president it was about him or about it before then you can see him procurement program get him serious access to the east midlands. steel and the unifil bill to all the industry in the russian economy. we need to strengthen our position so that i could but outer space in the where the sheen industry revived barrera craft and on the manufacturing and ship rebuilding in just three days. we see touring our if you will draw an extra thousand including the participation of the private payroll you know us with developing new york histories just like we have road maps for improving the university and climate. biotechnology i. know where you have a great engine unit i don't think is there just new c.d.i.

building knowledge use and so on was the note that you point me to i see good with the we are about to conclude there are you can afford not to rush scientific out of building for the period until at twenty. twenty five a breakthrough area so you make a high technology would. not speak and also will set up a special fund for research on defense technologies to make it a good balance that commodity driven economy results and you need these balance you want to make different regions to thirty. but i wasn't part of that you can only find you want a good well paid job catch their capital or in some of your big aerial cities and also you know they're all in the bigger cities so you can get russia reggie kishen in the health care and this is why people always log to such a major cities and other regions would lose people who can begin your work and should interfere with their reach and see. and clearly the so we definitely

need not essential i say shit in our development no we should you know with and create the news send troops noise the image occasionally is new their business interests in a new environment in different russia. including. the access for people greatest ability is. you know when you next year the russian regions we have more than half for all the revenues generated russian is that you can image we should do your best to make all russian regions economical a sustainable movement yet this is why we need to change. or. relationship between budgets of different levels so their words you critically we need to strengthen the economic foundation of the differences here is tourists and get your stupid a right to support those territories that are more well here in the us now many muslims who start with all of our business we will shift their revenues generated

by taxes on the small businesses to the local level you know what they also you wish we will or you can waive many. of the federal level these money will also go to local budgets at the same time. colleagues and i dressed mostly are. good government members you know what i'm talking about and i think it's gotten from the company which will put him an up on some of our inverse a structure of an our police will lose their tax benefits they will pay more but not all of them are ready to eighteenth announcement that the more it is initiated in the film it was this way we get stripped of over there in the greaseman a capability is easier to compete we talk about it transition to europe for these companies and we definitely need to consider there that. you get there was such decisions can not be me. up early but of course we will move in this direction for

winning a little so i think that your strength in tax revenues in the region also when you need you to when we move is that we can give them the right to reduce the taxes of real estate nice to merit in the worst but it's up to the regions to decide if they want to do that yet i will tell. you we need to conclude like it or. not assessing if they are there all your real estate facilities which are developed at all should be balanced. should it would be right for us to supply word with what you call a g.'s in universities that are working differently or regions certain the cooperate in your particular go with the larger companies and there are enough people who are engaged it will scientific research can do great shoots work in their region have to be rich. in that spec you have the move now to

the. cools little that should not be very bad it would go in and trans should receive scholarships have been nowhere but we should support such schools we can then theatre when you put in my youth and businesses should also participated financing that you took at the site universities selected from the before must be this will be put in there to practice where we can say we spend a lot of funds to you became is better prepare to educate a lot of college students in moscow and saying leaders were yes they said then they'd look at in their work in a field of the major did there were even the phrase what we need to consider but give where we should set up certain of businesses and we were businesses can expect governments to poor at me but he wishes we should use our community to get out there he just simulate migration of businesses from europe and the other countries like we do in the automotive industry just. today i had

a meeting with the major company major automotive company and they made you read the wording of that and i know that you have joined the w t o if you don't need to we get. businesses that way not only produce goods for our market but for export as well c b then you are russia's development in the twenty first century will be towards east sabeer in the forest is full attention for russia with yes if you can and if you wish you'd stop it by prominent please see me your situation this is the most dynamic allowed to build in the region of the world to be with you know ok i recently in this state council we discussed a way to stimulate economic growth will indeed transpired collyer year in the goodness of the news this and in the for the east we decided that we need to create a tract of environment there are more than a pretty girl with a should prepare it detailed yet the liberal going to flamin those measures including tax breaks for start up solar move companies develop people only energy

for structure and saw there we should definitely do that when you met him out of the question and i would ask you to be very close attention to that also i would ask we care and then to prepare their proposals of developing boyish bulleting greg . or we can invest special. law the special economic zone there will expire in twenty or sixty eight just that we need a break through the road and building in the next step to get it we need to double leave the road construction or what experts do for you on three of their opinions but i think. we should double the budget for already struck she did get mad another important priorities is regional aviation and the seaboard so once you've seen north sea you weigh about as they. were making real or not with all these things to require. our work but do you think we need to you. make

a rush well you know i can through with. transport infrastructure when you go as a fifth of them forcing you to we can work in the new year and nobody can address global problems and politics and economics all by himself it has been this way all the time of germany in the ninety's and just ten years ago a sound people may have thought that the world is ballers some of my former colleagues told me when actually that that was some time ago but nobody thinks this way maurice perfectly obvious to everybody when they go by that the world is becoming increasingly multi-polar. weatherly's screeds three risks and opportunities risks will be really elite and you can. all countries will either all you gave assure them that bush taught you how they don't who believe they are illusory concepts that can be manageable you know there's this theory of chaos

management managed care less. that's they way that we're russia up holds the principles of collective effort. if you voted with challenges like game but i just brought you that should bring all countries in retreat here there is that it is that our experience in the past twenty years. is a clearly shows in that is evil is on was there actually you mean you know that we see tendencies towards further into grey she did write about increasing all over the world to invent american good in north america and asia and we should not be stay away from death on the contrary we should very consistent make use of war lead them to just that we have an assembly if they see the good are coming a world of ice and actual our neighbors are becoming increasingly interested in integration is. we have a theory or. matt it could be serious we're going to get into trouble with them too

but isn't that the trade zone in iraq cheaper to be in the c.i.s. which you know and actually i would like to think parliament here for him to get ready firing these documents first and putting it on for more than a thought would be unique and usually when you see many positive examples the customs union the company economics you base all these things are already working effectively that. the sun rises over what's fair and where. your colleagues your citizens are a shift which we aimed at doubling comes with your precious g.d.p. and by the end of the year two thousand and eight we came very close to that benchmark when it is the global financial crisis when. you go by the time of the global global crisis we had managed to increase russia's g.d.p.

by some eighty eighty five percent in the crisis. plans and but we still we actually had the commiserated with the. reality of russia's economy to develop into a goalie and we have managed to preserve our potential for growth in outline which was new prospects for selves starting over with them from ninety ninety nine to russia's g.d.p. per capita has doubled to be by today where you can still if you don't know a bit of the meanings of the federal. budget what have increased. to. sixty five times. the deficit or the budget went down almost a hundred times in a bunch of them but until going into pressures and something that is only two point five percent seems that rush is the inflation rate has gone down six times use. to

be thirty six point five percent back in one thousand nine hundred ninety. six point one percent. this year it will probably be six and a half to hit. by the end of the year two thousand to russia's population which a shrinking when you add a rate was about. i see you said wouldn't which is the question whether a dismal you of almost one million people is going to read more than i thought maybe to look at the end it seemed that this democratic catastrophe was impossible to stop in reverse. the diagnosis for which sounded almost as a death sentence but we have managed to reverse a jet train in the city after the launch of the government said tim a graphic broadway precious population stabilized to end the last couple of years it has been increasing and i believe this is our accomplishment and i would like to emphasize that i'm not saying this to say we are good we are brilliant i'm saying

this so that people would have a show to put in sickness and you know we have broadened so that be that people will be able to broaden their horizons for planning their future so that they would actually see they see that stability is a prerequisite for their future. sit because they were all the indicators of growth and we have any rate it are testament to great we are in changes in russia's economic and social development especially but the most important thing is that we as a country and as a society that we know how to overcome difficulties and resolve to a large scale tasks. we need to remember at least that we have come this way in dignity step by step. our objectives we need an ambitious goal to move on. and we need to contribution from a lot. each and every one the reason i gave you all these economic stats are with

instead situation in russia we have a history tradition which of seeing a life as something living for the future that we are used to living for the future of all children and children look for a selves and see this in your book is it a decent and dignified at each unit level but in the but the effectively the end of . this book i leave because the job of living for a day by day in enjoying life it is always postponed and always second first for the sake of this to morrow it is time we change with the situation for the best and today we are capable of doing that especially if only we continue on that path of national development of what truth is you that a new or a boy if only we all would get in gauged in our common constructive activities if only we contribute to us that all of our daily forces and all of our efforts to

this joint task if we would be able to meet all of our goals and accomplish in the tasks thank you very much for your attention and your patience. that i was writing a printing first address to russian economy sasser sent to the kremlin as president and day to outline. fundamental issues for the present and future of

russia in light of current national international affairs one of russia's main goals is to preserve its identity develop a democratic society and boost its economy is like. patriotism and statehood played by the home as well as spiritual ties and move values and on the contrary really just hatred is enough and intolerance should bedrest according to putin and also his focus on some domestic achievements this year has become higher than death rate stressing the importance of the state support for young families to encourage them to give birth to their second child by providing providing affordable mortgages and creating better conditions for mothers and children by opening more public and private kindergartens providing better health care and education and also according to the president a family with three kids should eventually become the norm in russia he also mentioned that there should be no corruption and criminality in russian politics with officials having no four in

a bank accounts put in also promised to continue renewing their ranks of russian statesman saying saying that for in meddling in russian domestic politics isn't acceptable and talking about russia's policy is a broad putin sees that in the twenty first century russia will look eastwards as well as integrate with its neighbors and more on the president's address will be hearing from our correspondent shortly actually he is here right now on this can often standing by so you go can you sum up president persons address. just now quite a lot of issues were touched upon by the president he said that america's new years are going to be the show in the history of russia in terms of its development like you said the president has outlined in the past five months he. has exceeded the death rate in the country for the first time and do. put in reminded that if in the

year two thousand every year the. population of the current she was decreasing about around one million people that tragedy hold it now it's a p.c. . not. very fast but i still believe just raised is lower than the birth rate in the country he says that to be in a society has developed now also in the need of the people for more transparency in all spheres of life these days evident and the president has outlined that the mechanism in order to provide this transparency if you have to be developed further week and you must then work it this is also is being done in order to fight corruption which is still a very heavy problem there and he named some of the steps which are being taken right now and that is. the curbing off the rights of officials

including the most top officials including the president and the prime minister their rights for. them to have access to foreign bank accounts and shares of foreign companies that's very important when it comes to corruption and also the open monitoring all of the a c. the ending of all officials actually he said that the prosecutor's office now has the right to take pieces to porches you know order to confiscate the drop or the from officials if it's. if it suspects that they were purchased with you know or teams lawfully the president is speak go watch the balance of the family saying that it should be a norm for russia for all families to have at least three children and to continue to stand in the sea. while the gaining the population of the current chief and the old. so move to opportunities for the you saying that

a lot of attention needs to be to improving the education system the matins is a medicine system to do it as well and for instance if he said that there should leave no open public mechanisms in order to do that and also talked about how any order that is to provide these opportunities for the use of sense if that's not done according to the president the consequence is the food be much more serious than anyone could expect to get my if that's the deal as of today that the percentage of healthy active able bodied people in russia aged between twenty to forty is one of the highest in the world but you know that in twenty years' time this economically active population could shrink by fifty percent unless we do something this trend could continue either we provide interesting jobs give up unities to create business which both families raise

children or would be happy if all in just a few decades russia will become a poor country populated by an elderly generation incapable of preserving its own territory and i would like the east at the six shillings for her mother to pose and also talked of quite a lot about the political system in the country and he stressed that the only way for russia at the moment is a democracy but he did outline that this democracy should not be viewed as something which should be based on any standards he said that this is something which as i do with the russians with the historical specifics with its history you know and in fact the president is saying that to russia has a place a history of being. would have a very powerful state with it it is only needed as you know and this year has to be .