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PRESIDENT PUTIN: RUSSIAN ECONOMY IS REVIVING

POZNAN, JANUARY 17. /FROM RIA NOVOSTI'S SPECIAL CORRESPONDENTS NATALIA GORBUNOVA, VICTOR NESTEROVICH/ -- On Thursday Russian President Vladimir Putin said that the Russian economy is reviving and the domestic demand is rising. He spoke up at the second economic forum Poland-Russia in Poznan in Poland.

Putin said that citizen accumulations at Russian banks have increased by 46 percent. The growth of the gross domestic product in 2001 constituted over 5 percent, industrial production 5.1 percent and real wages increased by 20 percent.

These indicators signify an increase in home demand, said Putin. The revival of the Russian economy is a result of both external factors -- the high prices of energy-carriers -- and internal factors -- the consumer demand is rapidly growing, he noted.

The Russian authorities are going to continue with the policy of economic encouragement, said the Russian president. Particularly, it is intended to simplify the procedure of registration of enterprises and licensing of their operation. In the opinion of Vladimir Putin, adoption of the Land Code and reforming of natural monopolies will produce a positive effect.

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