Putin urged to develop free enterprise and rid the economy of corruption

Putin urged to develop free enterprise and rid the economy of corruption


STAVROPOL, January 25. Russian President Vladimir Putin called for development of freedom of enterprise, as well as to rid the economy of corruption and nepotism.

“We must act very carefully, based on our realities, he said at the inter-regional forum of the popular front. – Need to expand economic freedom, to rid the economy of corruption, from the dominance of nepotism of all.”

“I very much hope that together with you we will clean these Augean stables,” added the President, addressing the participants of the forum.

The President stated that in a situation of instability in the economy related to oil prices, Russia needs to seek its own resources for development. “We have enough of those,” he said. Meanwhile, Putin warned against the artificial reduction in price of credits , as it can “to disperse” inflation so that “the business community and we thank you for this I will not say”. “This inflation will change the whole economy and the incomes will kill you”, he added.

See also

Speech by Vladimir Putin at the interregional forum of the popular front. Text translation