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Putin to discuss Russia's social, economic development at cabinet meeting

05-24-2010 07:25 BJT

MOSCOW, May 23 (Xinhua) -- Russian Prime Minister Vladimir Putin is to hold a governmental meeting on Russia's economic and social development on Monday, local media reported.

The government press office said the meeting aims to prepare for the process of budget planning for the following three years, the RIA Novosti news agency reported.

Putin and Russia's top ministers are expected to discuss the possible scenarios for the country's social and economic development, according to the RIA.

The forecast of the country's development in the next three years envisages economic growth based on a relatively favorable situation on global raw material and capital markets, which will stimulate consumer demand, the RIA said.

Under the basic scenario, Russia's gross domestic product is expected to grow 3.5-4.2 percent in 2011-2012.


Editor:Zhang Pengfei |Source: Xinhua

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