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Putin: Stabilizing currency a priority


12-26-2014 16:50 BJT

Russian President Vladimir Putin has urged the the government to do more to tackle the current economic difficulties the country is facing and to continue to meet the demands of businesses. 

Putin put bolstering social commitments and the stabilization of the rouble as top priorities for the Russian government. He stressed it is necessary to ensure the continual functioning of vital infrastructure, transportation, communications and power grids, especially during the holiday season and the entire winter period. 

Putin also called for more government work to coordinate with the Central Bank on economic and currency strategies, adding that it would take at most two years for the Russian economy to rebound in a worst-case scenario.

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