Medvedev says Russia must modernize economy, curb reliance on oil prices
ST. PETERSBURG – President Dmitry Medvedev has told an economic forum in St. Petersburg that Russia must reduce its reliance on high oil prices, Radio Liberty reported.
Medvedev said Russia cannot "count all the time on high oil prices or on their constant growth."
Presenting a program of reforms for the country, Medvedev said Russia must press on with modernization of its economy in the next few years, regardless of who is in charge.
He warned that the large and growing role of the government in the economy -- along with corruption, hostility to investors, and the centralization of power in the Kremlin -- threaten the country's development.
"In today's world it is impossible to run a country from one perspective, particularly a country like Russia," Medvedev said. "Furthermore,
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