Putin says Russia's socio-economic plans intact amid crisis
20:47, 11 September 2009
NOVO-OGARYOVO. September 11. KAZINFORM The global credit crunch has not affected Russia's socio-economic development plans, Prime Minister Vladimir Putin said Friday; Kazinform cites RIA Novosti.
The crisis has not caused any crucial changes to our plans," Putin told a meeting of the Valdai Discussion Club.
To illustrate this, the premier said pensions would be raised in four stages this year, the last 36% hike taking place in December.
However, he admitted that the Central Bank and the government had failed to cope with the influx of investment and the excessive strengthening of the ruble before the crisis hit; Kazinform has learnt from RIA Novosti.
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