Putin expects extra measures stimulating economy from govt
MOSCOW. June 11 (Interfax) - Russian President Vladimir Putin says he expects the government to take extra measures to stimulate the national economy in the near future, but Russia is not going to start a currency emission process.
"I hope the Russian government, after our numerous meetings, will propose extra steps to stimulate economic development," Putin said while taking questions from Russia Today employees on Tuesday.
"The Russian economy is quite healthy, and it is not burdened by external debt comparable to what Europe has. Our budget is deficit-free," he said.
"Our situations are different. Surely, we can use oil and gas revenues. But I would like to point out that we don't have a printing machine for reserve currencies, while they do. And the situation is not about us having oil and gas revenues and hence reserves, but about limiting our expenditures," he said.
