Translation. Region: Russian Federation –
Source: Government of the Russian Federation – Government of the Russian Federation –
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Deputy Prime Minister Alexander Novak met with members of the board of directors of the Russian Union of Industrialists and Entrepreneurs.
At the meeting, the parties discussed the most pressing issues facing business and industry. They touched on the implementation of the recently approved plan for structural changes in the economy, which aims to coordinate the work of federal government agencies, regions, and businesses amid ongoing transformations. The plan includes seven areas, including employment structure, consumption structure, technological development, the quality of the investment climate, foreign trade, the "whitening" of certain economic sectors, and improving the effectiveness of defense and security. One of the key tools for implementing the plan is the national business model, which defines more than 40 target indicators and over 250 measures.
"Despite challenging external conditions and internal challenges, the country's economy is showing positive momentum. Over the past three years, GDP growth will approach 10%. Inflation has slowed significantly: forecasts put it at 6% by the end of the year, which is below the forecast. Cumulative real investment growth over the past four years has reached 36%. The main drivers of the economy are manufacturing, mechanical engineering, agriculture, and construction. We are seeing positive dynamics in the oil and gas sector and cargo turnover, particularly in exports," noted Alexander Novak.
The Deputy Prime Minister also took part in the awards ceremony for the winners of the annual "Leaders of Investment Development – 2025" award at the RSPP. The award aims to reward regional investment teams and improve their efficiency and effectiveness.
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