Home » Business » Sergey Glazev: Poverty in Russia may be eradicated in three years – 2024-05-15 03:21:23

Sergey Glazev: Poverty in Russia may be eradicated in three years – 2024-05-15 03:21:23

/ world at this time information/ Russia can deal with poverty in three years via a brand new technique to speed up financial improvement and modernization. Academician Sergey Glazev got here up with the related initiative within the on-line session of the financial discussion board.

The economist stated that the Russian authorities has each probability to enhance the usual of residing of the inhabitants and lead the nation out of the brand new disaster that hit the world like a tsunami. If the brand new technique is carried out, the Russian economic system will take the trail of sustainable improvement with an annual GDP enhance of 8%. Funding development of 15% can also be foreseen.

“First, let’s cease speculators from making an attempt to withdraw capital. It is time to shield the trade with protectionist measures, decrease rates of interest on loans, reaching an appreciation of the ruble, introducing market mechanisms for enterprise initiatives and state planning, “stated Glazev.

Translation: V. Sergeev

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