Participants in the meeting discussed the foundations of the budget policy for 2012 and for the planned period of 2013-2014. Vladimir Putin pointed out that this is the first truly post-crisis budget. “We are getting additional opportunities for resolving long-term strategic objectives," he said. "In this sense, the submitted budget is a development budget designed to stimulate quality growth and modernise the economy.”
The prime minister and the Sberbank head discussed the bank's performance in the first six months of the year and its cooperation with small business, defence and agricultural enterprises. The prime minister said the average mortgage interest rate should be 8%.
The prime minister announced that he had signed a government resolution extending the period of discounted fares for students and schoolchildren on suburban trains through 2012. The meeting also focused on the operation results in the first half of the year, the volume and quality of passenger services, train fares and the development of high-speed services, in particular in anticipation of the 2018 World Cup.
The two officials discussed the capital’s socio-economic development in the first half of the year, in particular the transition of schools to a new funding and pay system and the issue of transport, one of the city’s most critical problems, according to the prime minister. They also discussed topics related to housing construction and expanding Moscow’s municipal boundaries.