Russian Prime Minister Dmitry Medvedev said it would be 'a monstrous mistake to return to the past now the country has a Western-style economy,' as he addressed the Gaidar Economic Forum in Moscow, Wednesday. Medvedev was speaking at a session entitled 'Russia and the World - New Direction.' The prime minister stressed that the country had turned a corner since the 1990s and that there was no going back, despite "the ongoing global crisis." The Forum is named after Yegor Gaidar, who was behind some of the economic reforms in the 1990s. It is due to run until Saturday in Moscow.
Deputy Prime Minister of Russia Igor Shuvalov. Picture: AP Photo/Michel Euler Source: AP
RUSSIANS are ready to ride out the current economic crisis, even by eating less food, and to stand by President Vladimir Putin's side regardless, one of the country's top leaders says.
Speaking at the Davos Economic Forum on Friday, Deputy Prime Minister Igor Shuvalov said Western sanctions had united Russians around their leader, which would make it easier to push through painful reforms.
"We will withstand all hardships in this country, eat less food, use less electricity ... but if we feel that someone outside wants to change our leader against our will ... we will be more united than ever." The West simply "does not understand the Russian mentality", Shuvalov said, denying that the crisis and sanctions would destabilise Putin's grip on political life or sway his position on Ukraine.
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Russian President Vladimir Putin, centre, meets with the Cabinet in the Novo-Ogaryovo residence outside Moscow, Russia. Picture: AP Photo/RIA-Novosti/Yekaterina Shtukina/Government Press Service Source: AP
"If a Russian feels external pressure, he will never give his leader up," said Shuvalov, who is believed to be one of the richest men in the Russian government.
Shuvalov's remarks on austerity went viral, with some in the opposition posting photographs on Twitter of luxury mansions that he allegedly owns.
This year will essentially be a "hard landing" for the economy and people will have to learn to accept a "new reality", Shuvalov said.
The government would be able to introduce crisis measures since "consolidation and tough interior and exterior conditions are a good launching pad" for reforms, he said.
Putin enjoyed unprecedented support last year after the annexation of Ukraine's Crimean peninsula and his popularity has barely ebbed even as the economy has begun to suffer and the rouble has rapidly lost value.
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