Mishustin’s report to the State Duma: main points and figures

Mishustin’s report to the State Duma: main points and figures

Russian Prime Minister Mikhail Mishustin began the government’s annual report to the State Duma. The main figures, tasks and theses are in the Kommersant collection.

Numbers

  • By the end of 2023 GDP Russia has increased by 3.6% (first estimate by Rosstat). At the beginning of 2024, high rates of GDP growth remain – plus 4.6% in January.
  • Industrial production overall increased by 3.5%. The main driver is the manufacturing sector, which added 7.5%. The greatest growth – over 21% – was demonstrated by the machine-building complex. The recovery of domestic demand was one of the key factors of the year.
  • Unemployment halved to 3%.
  • An important factor in the growth of the Russian economy is support investment. In 2023, their volume increased by approximately on 10%which is a record for the last 12 years.
  • Execution expenses The country’s federal budget approached 100%which is the best result in recent years. Income exceeded 29 trillion rubles.
  • Non-oil and gas revenues in 2023 grew by a quarter compared to 2022.
  • Annual inflation although it was above target values, thanks to interaction with the Central Bank it significantly slowed down to 7.4% versus 11.9% in 2022.

Tasks

1. Improving the well-being of Russian citizens

  • The cumulative increase in insurance pensions in 2023 was 15%.
  • The minimum wage increased by 18%.
  • In 2023, about 190 billion rubles. were aimed at bringing public sector employees’ salaries into line with the May presidential decrees. This decision affected over five million state employees.

2. Ensuring national conservation, protection of motherhood and childhood, as well as assistance to families with children

  • The government is developing a comprehensive support system – from the moment a woman becomes pregnant, the birth of a child and at all stages of his growing up – up to the age of seventeen.
  • At the end of 2023, life expectancy in Russia reached almost 73.5 years, which is higher than pre-Covid values.
  • The medical examination program has been expanded so that citizens can check their health for free.
  • A large-scale program to combat hepatitis C and a federal project on diabetes have been launched.

3. Rapid development of infrastructure

  • In 2023, over 110 million square meters were built. m of housing.
  • A five-year program to update housing and communal services has been launched.
  • About 53% of regional roads and 70% of support roads have become more convenient and safer. More than 31 thousand kilometers of highways have been created and repaired throughout the country. Traffic was opened on the M-12 Vostok highway from Moscow to Kazan.
  • At least 75 airports will be renovated over six years. The government will allocate a quarter of a trillion rubles for these purposes.
  • About 5 thousand buses, trolleybuses, trams and electric buses were delivered to Russian regions.

4. Strengthening technological sovereignty

  • The government is completing the formation of major projects to organize its own production of significant types of high-tech products. Including microelectronics components, smart machines, gas turbines, and medical equipment.
  • Ten initiatives to develop end-to-end technologies have also been launched. The total amount of financing for such projects amounted to about 137 billion rubles.

5. Achieving financial sovereignty

  • Key directions are ensuring macroeconomic stability, sustainability and budget balance, increasing one’s own instruments of long-term resources, as well as increasing investor confidence in the Russian market and resuming the influx of foreign capital.
  • Today, all payments within the country work, despite any external pressure.

6. Expanding foreign economic cooperation with friendly countries

  • Trade turnover with friendly countries is comparable to the volume of trade between Russia and the whole world four years ago. It now stands at over $548 billion.
  • The Eurasian Economic Union is developing successfully. Its total real GDP grew by 3.8% in 2023.
  • Cooperation with members of the Commonwealth of Independent States is also expanding. Russian trade turnover with them grew by almost 6% last year.

Region support

  • Over four years, the consolidated budget revenues of the constituent entities increased by 50%. And the volume of investments increased by almost two-thirds.
  • Many regions will have two-thirds of their debt on budget loans written off—about 1 trillion rubles.
  • In 2023, 64 billion rubles were allocated from the federal budget. for the development of rural areas.
  • Last year, almost 40% more houses were connected to gas than in 2022. The program will be expanded to gardening partnerships in gasified settlements.

Integration of new regions into Russia

  • To integrate new regions into the Russian legal framework, about 60 laws have been adopted.
  • In two years, more than 18 thousand objects were restored and built.
  • Last year, about 2.5 million citizens received social payments, pensions and benefits.
  • The territories of all four subjects received the status of a free economic zone.

Military operation in Ukraine

  • The production of automobiles and armored weapons was increased threefold, weapons of destruction – sevenfold, communications equipment, electronic warfare and reconnaissance – ninefold.
  • The procedure for issuing a combat veteran’s certificate has been simplified.
  • The financial burden will be reduced for the military – they will be exempt from property taxes.



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