Russian President Vladimir Putin met with the head of Avtodor Vyacheslav Petushenko. The head of state urged to minimize costs and prevent unreasonable price increases in road construction.
“We see: inflationary processes, world inflation is growing, and in general all construction projects in the world are becoming more expensive. It is clear that this affects us too, but all the same, everything must be done to minimize these costs, and in no case to prevent unreasonable overestimation, ”said the head of state (quote from the Kremlin website).
Mr. Petushenko told the President about the prospects for the construction of new roads in Russia. By 2023, according to him, the Northern Bypass of Tver will be built along the M-11 “Neva” highway connecting Moscow and St. Petersburg. Also in 2024, the M-12 Moscow-Kazan highway will be launched, the issue of labor resources for the construction of which is one of the most difficult.
Today the press secretary of the Russian president Dmitry Peskov said that the priority of the president and the government of Russia is the earliest possible return of inflation to its target zone (4%). The head of the Central Bank Elvira Nabiullina said that in order to fulfill this goal, the regulator will consider a possible increase in the rate from 7.5%. Inflation at the end of 2021 is expected in the range of 7.4-7.9%.
.