The EconomicDevelopmentMinistry cut the 2011 economic growth forecast to 4.1% from 4.2% recently because of a slow down in the Russian economy earlier this year.
In connection with this the premier ordered the Ministry of EconomicDevelopment and ASI to work on transparent mechanisms for concluding long-term contracts.
The Russian Ministry of EconomicDevelopment is slightly less optimistic, predicting that 2012 GDP growth will be in the 3.4-3.7% range (though it reserves the right to revise this upward if necessary).
Besides their own projects Putin ordered the tandem of ASI and Business Russia to unite with the Ministry of EconomicDevelopment and the Bank for Development in the preparation of new mechanisms of concluding long-term contracts in the real sector of the economy.
In September she'll be heading to the Dominican Republic as a volunteer in a new program sponsored by the German Ministry for Economic Cooperation and Development called "Weltwarts, " which means "Going out into the World, " for young people between the ages of 18 and 28 who would like to volunteer in developing countries.
The bond quota issued by the National Development and Reform Commission, China's top economic-planning body, will be used to help the ministry finance the maintenance and construction of a rapidly expanding railway network.