Vladimir Putin on Budget & Economy

	Vladimir Putin on Budget & Economy

Focus on ensuring growth of real incomes of citizens

Putin outlined a host of new spending pledges and schemes designed to give hard-pressed Russian families a little extra cash in the run-up to parliamentary elections scheduled later this year. "The main thing is to ensure the growth of real incomes of citizens," Putin told the assembled parliamentarians and regional governors who had gathered for the address. "We must restore real incomes and ensure further growth, to achieve tangible results in the fight against poverty," he added. Source: The Moscow Times on Foreign Influencers , Apr 21, 2021

Ordered third stimulus package in wake of pandemic

Putin has ordered the government to draft a National Recovery Plan, jointly with regional authorities and business unions, drawing a roadmap of repairing the coronavirus pandemic damage. As reported by bne IntelliNews, so far the government has rolled out two economic support packages, worth RUB3.1 trillion ($42.1bn) or 2.8% of GDP, and is preparing a third package. Source: BNE bne IntelliNews on Foreign Influencers , May 12, 2020

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Page last updated: Mar 17, 2022