Price growth becomes serious challenge for National Projects

TASS Russian News Agency | Dec 15, 2021 at 2:07 PM

/Update/

NOVO-OGAREVO, December 15. /TASS/. The price rise in Russia in this year has become a serious challenge for implementation of National Projects, President Vladimir Putin said on Wednesday at the meeting of the Council on Strategic Development and National Projects.

"The price increase has become the major challenge for implementation of National Projects in this year. It covered a broad range of goods, including construction materials. Heads of regions informed about failed tenders, construction delay and problems with contractors in increasing frequency in the environment of the changed price situation," Putin said. "Such risks should be mitigated and certainly it is better to reduce them to zero," he noted.

The head of state urges to implement all the activities and items planned within the framework of National Projects.

The government should prepare a clear algorithm of actions for facilities under construction at the federal and regional levels, Putin noted. "All participants in this activity should understand what actions they need to take, how this process is supported from the financial standpoint," the President added.