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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.

Programs should become not just a mechanism for adaptation and solving accumulated problems, but a tool for implementing the development strategy of each region. Subjects will have to improve the quality of the formation of action plans: link them with master plans, regional strategic priorities, and updated national projects. And combine the mechanism of individual programs with other instruments of state support. This was announced by Russian Minister of Economic Development Maxim Reshetnikov during a meeting of the President of the Russian Federation with members of the Government. “For effective control, we propose to combine the implementation of all 10 programs within the framework of one national project. Also determine that at least 70% of funding in each region will go to stimulate the economy. At the same time, when selecting projects, focus on the return of funds. That is, priority should be given to projects that will bring the maximum effect for regional budgets in terms of taxes,” the minister noted. According to him, when forming the list of regions, we were guided by the previous 4 indicators – the level of unemployment, poverty, income and investment, as well as 2 new ones – tax and non-tax revenues of the regions and the level of estimated budgetary security. The government supported the approaches voiced. Financing is reserved for 2025-2026 at 10 billion annually. “The list included only those regions where other targeted support mechanisms are not implemented. State programs, as in the North Caucasus, Far East, Crimea and Sevastopol, as well as socio-economic development programs, such as in Mordovia. Taking into account the fact that Adygea and Karelia, thanks to the IPR, significantly improved their socio-economic indicators and left the top ten, we propose to replace them with the Republic of Khakassia and the Kirov region,” the minister emphasized. To date, more than 14 thousand jobs have been created as part of the implementation of the IPR, which is 83% of the plan by the end of the year. The investment plan has been exceeded. 104 billion rubles were raised, which is 16% more than should be based on the results of the implementation of individual programs. “This allowed the regions to develop at a pace higher than the Russian average in terms of key socio-economic indicators. On average for the top ten, per capita income grew faster than in the country (7.6% versus 6.5%. Leaders: Tyva +23%, Adygea +15%, Chuvashia +14%). Poverty levels fell faster. Unemployment decreased 2 times faster than the average in Russia,” the minister said. “The inclusion of Chuvashia in a new cycle of support for individual development programs for the most lagging regions until 2030 is an additional opportunity to consolidate the emerging trend of the republic entering a sustainable growth trajectory. We expect to ensure the dynamic development of hop growing, increase the production of commercial hops by 12.5 times, and build new points of attraction for tourists on the Volga – quay walls in the cities of Kozlovka and Mariinsky Posad. We are modernizing the infrastructure to create new production facilities, and additionally capitalizing the regional Industrial Development Fund to support infrastructure projects and investment sites. We are also implementing projects for the digital transformation of key sectors of the economy – industry, agriculture and veterinary medicine, urban planning, electricity and power supply,” commented the Head of the Chuvash Republic Oleg Nikolaev.

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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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