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MIL OSI Translation. Region: Russian Federation –

Source: Ministry of Economic Development (Russia) – An important disclaimer is located at the bottom of this article.

The government has compiled an annual report on the federal districts’ achievement of economic development goals and “breakthrough” projects. This became known following the results of the strategic session on the results of supervision by the Deputy Chairmen of the Government of the Federal Districts.

“Off-budget investments are growing. At the end of 2023, it was possible to attract almost 9 trillion rubles. Over the past 2.5 years, over 230 thousand jobs have been created. Goods and services worth 6.5 billion rubles were provided. Such indicators confirm that it was possible to ensure effective interaction between the Government and the subjects. Establish cooperation ties that are necessary for small businesses and large holdings. And also to create conditions for cooperation between neighboring regions within federal districts,” said Chairman of the Government of the Russian Federation Mikhail Mishustin.

“We explain the record increase in investment by the competent concentration of resources of the regional and federal governments. The regions of the North Caucasus, the Far East and the Central District are actively using tools to attract investments, more than half of breakthrough projects are covered by government support measures,” noted Russian Minister of Economic Development Maxim Reshetnikov following the results of the strategic session.

According to him, the institute of supervision was created to speed up the implementation of key projects that significantly affect the economic development of the regions and resolve accumulated transport, social and other issues.

An average of 5 projects were selected for each region. There are 357 such projects in total, of which 33 have already been implemented. About 100 more projects will be launched this year.

“At the strategic session, issues of revising projects and their additions taking into account new challenges were discussed. Based on the results of the event, it was instructed to increase the ambition of the indicators, taking into account the observed dynamics, and also to concentrate all efforts on ensuring that people, businesses, investors and residents of the regions see the positive effects of the institution of supervision,” the minister emphasized.

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Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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