Zaporozhye officials will use Soviet experience in economics

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The officials of the Zaporozhye region plan to develop the region’s economy using Soviet best practices. It has been reported DEA News Regarding the regional development program.

The new economic model is designed for the next 10 years. Public-private partnerships were cited as examples in the document.

“A balance of self-interest and a decent life for all,” the program said.

The document stated that the best examples of Soviet experience were drawn in the Zaporozhye region, following Russian President Vladimir Putin’s instruction to preserve economic sovereignty. According to the authors of the program, this will help ensure food security and protect residents.

According to the region’s interim governor, Yevgeny Balitsky, when the Zaporozhye economy grew by 15% a year, the best Soviet experience was combined with a market model and “we got a tangible result.”

In March, President Putin met with Balitsky. discussed socio-economic problems of the development of the region.

formerly Deripaska said about the possible future of the Russian economy in five years.

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