The Russian industrial sector has stopped falling, the industry created the conditions for further growth, said Prime Minister Dmitry Medvedev during a meeting of the parliamentary faction “United Russia”.
“We managed to stop the decline of the industry as a whole. By the end of 2016 we have a small increase (of 1.1%. — RNS), and this creates good conditions for work in the future,” Medvedev said.
The Prime Minister said a record level of state procurement in 2016 — 99%. Arms exports brought the budget to $15 billion. This will allow Russia to maintain second place after the USA in the arms market, said Medvedev. “And for us is very important to keep the market”, — said the Prime Minister.