Economics
Putin Vows Show in Arm for Economy Growing at 4-Year Low
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President Vladimir Putin unveiled a plan to jolt Russia’s economy out of the worst growth in four years, promising to help the central bank cut inflation and pledging about $14 billion of savings to revamp roads and railways.
Rules governing energy exports will also be relaxed to help Russia feed demand for natural gas in Asia, while an amnesty may free thousands of entrepreneurs convicted or accused of economic crimes, Putin said today.