Translation. Region: Russian Federal
Source: Government of the Russian Federation – Government of the Russian Federation –
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Deputy Prime Minister Alexander Novak held a meeting on the implementation of the national project "Efficient and Competitive Economy".
It was attended by representatives of federal and regional authorities, the Federal Assembly, the Bank of Russia, public business associations, the state corporation VEB.RF and the Moscow Exchange.
Representatives of the Ministry of Finance and the Ministry of Economic Development reported on the current status of the implementation of the federal projects “Development of the financial market” and “Increasing investment activity”, respectively, which are part of the national project.
The Ministry of Finance is conducting an information campaign to raise awareness among citizens about the possibilities of investing in long-term instruments. This will increase the number of users of long-term savings programs with state support.
The agency also continues to work to reduce administrative barriers to attract foreign investors willing to invest in the Russian economy.
The President set a goal to increase the volume of investment in fixed assets by 60% by 2030 compared to 2020 parameters, as well as to improve the investment climate. A representative of the Ministry of Economic Development reported that dozens of projects in the field of private-public partnership and in the field of technological sovereignty are already being implemented with the support of the state and the active participation of businesses. 40 major investment projects are being implemented within the framework of the project financing factory. The process of concluding new agreements on the promotion and protection of capital continues, investors are actively using the federal tax deduction.
The Deputy Prime Minister instructed the Ministry of Economic Development and the Ministry of Finance, together with industry business associations and investment banks, to continue working to achieve the key indicators of the national project “Efficient and Competitive Economy” and the federal projects included in it in a timely manner.
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