Category: Economics

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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By the end of 2023–2024, the Russian economy demonstrated one of the highest growth rates in the past decade, increasing by a cumulative 8.4%. In nominal terms, the country's GDP has doubled since 2020, reaching 200 trillion rubles. GDP growth, amounting to 4.1% in 2023 and 4.3% in 2024, significantly exceeds the global average and the growth rates of leading Western economies. Deputy Prime Minister Alexander Novak announced this during a speech as part of the "Platform of the Future: 100 Russian Projects. Economy" project, held at the National Center "Russia."

According to him, the foundation for the transition to a new model of long-term growth based on supply-side economics is targeted support for domestic production, increased investment activity, and increased labor productivity.

"We see that the Russian economy is not only demonstrating resilience but also achieving profound structural changes. The doubling of nominal GDP, record growth rates, and reduced dependence on the raw materials sector are the most important results of our work in recent years," said Alexander Novak.

To consolidate this success and achieve the national goal of maintaining fourth place in the world in terms of GDP based on purchasing power parity (PPP) and achieving sustainable growth rates above the global average by 2030, a comprehensive strategy has been developed, the Deputy Prime Minister noted. It includes three key areas. The first is adapting to systemic challenges, such as historically low unemployment, a shortage of skilled labor, ensuring technological sovereignty, and ongoing sanctions pressure. The second is the effective allocation of resources and investment in the context of limited budget expenditures, with a focus on high-growth sectors: mechanical engineering, chemicals, high technology, and tourism. The third is increasing labor productivity through large-scale optimization, robotics, and the implementation of lean manufacturing methods.

"Our strategy is long-term. Economic growth will directly depend on businesses' ability to identify new growth areas, improve efficiency, and unlock potential in promising niches. The foundation we've laid will enable us to embark on a trajectory of high-quality and dynamic development," noted Alexander Novak.

The discussion focused on strategic areas for Russian economic development. Specifically, the Deputy Prime Minister highlighted key support measures for small and medium-sized businesses, including preferential lending and leasing instruments, umbrella guarantees, microloans, and accessible infrastructure for industrial and technology parks.

Small technology companies have become one of the fastest-growing sectors. Thanks to the register model, companies have access to approximately 20 support measures, allowing them to grow at a faster rate than the SME sector as a whole.

Improving labor productivity is also a prerequisite for long-term economic growth, Alexander Novak noted. The implementation of lean manufacturing tools enabled businesses participating in these projects to increase profits by nearly 0.5 trillion rubles.

Special economic zones, which celebrated their 20th anniversary this year, are driving regional development. Thanks to established infrastructure and incentives, investors save up to half their capital costs, reducing their tax burden.

High added value is the key characteristic of the creative economy. Over the past seven years, the creative sector in Russia has grown four times faster than the overall economy. Its share of GDP now exceeds 4%. The industry's potential lies in developing a supply-side economy, which will accelerate structural change and the achievement of national goals.

"Long-term economic growth will be determined by effective collaboration between regional authorities and businesses, where regions act not as distributors but as growth managers, businesses accelerate technological transformation and the restructuring of supply chains, and the state ensures a breakthrough in social productivity through investments in human capital," Alexander Novak concluded.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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A 12,000-square-meter Center for Innovative Educational Technologies has been commissioned at Artek. It will provide all the necessary conditions for comfortable living and recreation for employees: living quarters, recreation areas, workspaces, multi-purpose classrooms, and all necessary amenities. Interior finishing work is currently being completed, and landscaping is underway," noted Karen Oganesyan, General Director of the Unified Customer Production and Consulting Company. The construction and renovation of the facilities at Artek is being carried out as part of the state program for the development of Crimea and Sevastopol, overseen by the Ministry of Construction.

"For us, the completion of the work and the opening of the center is a significant event. We understand how important the opening of this unique facility is for the hundreds of thousands of children who come to Artek. Now they have another space that houses the most advanced technologies and where every child can experience the future and learn new things," emphasized Konstantin Fedorenko, Director of the Artek International Children's Center.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Implementation of integrated territorial development projects (ITD) continues in Russian regions. This tool allows for the renovation of residential areas and the creation of essential social, transport, and utility infrastructure, announced Deputy Prime Minister Marat Khusnullin.

"Russian regions tasked with improving the living environment under the national project 'Infrastructure for Living' have the opportunity to use the integrated territorial development mechanism for these purposes, among other things. More and more regions are joining this effort. Currently, approximately 1,200 ITR projects, covering an area of almost 24,300 hectares, are in the active implementation phase. Their urban development potential amounts to almost 185 million square meters of real estate, including 138.7 million square meters of housing. Considering the effectiveness of this instrument, at the instruction of the President, the Government is providing targeted support to a number of regions, providing direct subsidies for infrastructure construction within the framework of integrated territorial development projects. And there are already some results: the first facility in Russia has been commissioned under this program. Thanks to a subsidy allocated to the Kirov Region, the construction of a four-lane road in Kirov has been completed. Moreover, the section of the street was paved ahead of schedule – in four months instead of the planned nine. Overall, this ITR project includes the construction of over 131,000 square meters of housing, as well as “construction of a school and a kindergarten,” said Marat Khusnullin.

The new road runs along Anzheliya Mikheeva Street from Sloboda Urvantsevo to Kapitana Pletnyova Street in Kirov's Leninsky District. Its commissioning has improved accessibility to new areas of the city.

"Construction of this section of the street was carried out as part of the national project 'Infrastructure for Life.' The new road meets all modern requirements for comfort and safety for all road users: sidewalks and modern bicycle and pedestrian paths have been installed on both sides of the road, two public transport stops have been installed, and a traffic light has been installed at the intersection of Anzheliya Mikheeva and Kapitana Pletnyova Streets," noted First Deputy Minister of Construction, Housing and Utilities Alexander Lomakin.

The list of 37 regions that are planned to receive 120 billion rubles in 2025–2030 for the implementation of KRT projects includes Sevastopol, Bryansk, Ivanovo, Kirov, Kostroma, Kurgan, Oryol, Penza, Pskov, Tambov, Kherson and Zaporizhzhia regions, the republics of Adygea, Altai, Buryatia, Dagestan, Ingushetia, Kalmykia, Crimea, Mari El, Mordovia, Sakha (Yakutia), North Ossetia-Alania, Tuva, Khakassia, Kabardino-Balkarian, Karachay-Cherkess, Chechen, Chuvash republics, Altai, Transbaikal, Kamchatka, Stavropol territories, the Jewish Autonomous Region, Chukotka Autonomous Okrug, and the Donetsk and Lugansk People's Republics.

The assistance is intended for entities with individual socio-economic development programs, as well as for regions with low budgetary capacity.

Financing is provided if, within the framework of the KRT projects, along with the construction of residential buildings, the construction or reconstruction of social, transport or public utility infrastructure facilities is envisaged.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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First Deputy Prime Minister of Russia Denis Manturov met with Indian Foreign Minister Subrahmanyam Jaishankar.

The parties discussed current issues of cooperation in priority sectors, as well as the implementation of the decisions of the 26th meeting of the Intergovernmental Russian-Indian Commission on Trade, Economic, Scientific, Technical, and Cultural Cooperation.

Particular attention was paid to areas such as trade, investment and finance, energy, and industrial cooperation. The meeting was held in preparation for Russian President Vladimir Putin's visit to India.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Source: Government of the Russian Federation – Government of the Russian Federation –

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On November 17–18, 2025, the twenty-fourth meeting of the Council of Heads of Government (Prime Ministers) of the Shanghai Cooperation Organization (SCO) member states was held in Moscow. The meeting focused on achieving the UN Sustainable Development Goals (SDGs) by 2025 and cooperation within the SCO space. They noted efforts to form sectoral working groups within the SCO Business Council on priority areas of cooperation and the creation of effective transport corridors (Samarkand, September 16, 2022). These areas and high-quality data are part of the implementation of priority areas of trade and economic cooperation. In the interests of using all available fuels, energy sources, and technological solutions, taking into account the individual characteristics of countries and regions, as well as fair pricing and settlement mechanisms by 2030 and the roadmap for its implementation (Tianjin, September 1, 2025), as well as adaptation to it, including accelerated melting and degradation of glaciers.

They also noted the proposal to establish an SCO Medical Tourism Alliance in the area of infectious disease prevention and control, and they spoke in favor of signing a cooperation agreement within the Organization to combat plague in order to further implement the Statement on Joint Counteraction to the Threat of Epidemics in the SCO Space (Qingdao, June 10, 2018) and the historical rights of member states in all activities related to the preservation and promotion of tangible and intangible cultural heritage.

The heads of delegations highly praised the events held in Qingdao, the SCO tourism and cultural capital for 2024–2025. They expressed confidence that the designation of Cholpon-Ata as the SCO tourism and cultural capital for 2025–2026 will contribute to strengthening cooperation in culture and tourism.

The heads of delegations noted the initiative to hold the anniversary meeting of the Chyngyz Aitmatov Issyk-Kul Forum in 2026 under the auspices of the SCO.

Noting the balanced growth of mutual tourist travel between SCO member states, including as a result of the increase in the number of direct flights and the use of electronic visas, the heads of delegations expressed their support for the implementation of new mutually beneficial investment projects in the tourism sector.

The heads of delegation emphasized the importance of developing dialogue and cooperation through public diplomacy institutions. They noted the contributions of the China Committee on Good-Neighborliness, Friendship, and Cooperation, the Center for SCO Studies at the Indian Council of World Affairs, the SCO Cultural Integration Center in the Kyrgyz Republic, the Institute of Strategic Studies in Islamabad, the SCO National Center for Public Diplomacy in the Russian Federation, the SCO Center for Friendship and Cooperation in the Republic of Tajikistan, and the SCO Center for Public Diplomacy in Uzbekistan to strengthening friendship and mutual understanding within the Organization.

The heads of delegations approved the SCO Secretariat's Report on events and meetings held within the framework of the implementation of the Programme of Multilateral Trade and Economic Cooperation of the SCO Member States, and the SCO budget for 2026.

Decisions were made on a number of issues concerning the financial and organizational activities of the permanent bodies of the SCO.

The heads of delegations highly praised the results of the Russian Federation's chairmanship of the Council of Heads of Government (Prime Ministers) of the SCO Member States, which contributed to the development of multifaceted trade and economic cooperation and the strengthening of cultural and humanitarian ties within the SCO.

The next meeting of the Council of Heads of Government (Prime Ministers) of the SCO Member States will be held in 2026 in the Republic of Tajikistan.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Source: Government of the Russian Federation – Government of the Russian Federation –

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Document

Order No. 3321-r of November 15, 2025

Prime Minister Mikhail Mishustin signed an order approving a territorial planning scheme for Russia's healthcare sector, replacing the current document, which is no longer relevant and does not align with ongoing or planned healthcare infrastructure development measures.

The new document was developed taking into account the provisions of the Strategy for Spatial Development of Russia until 2030, with a forecast to 2036. Its goal is to increase the accessibility of medical care, including high-tech care, for citizens.

The updated plan includes 136 medical organizations that are planned for reconstruction and construction in the Central, Northwestern, Southern, North Caucasian, Volga, Ural, Siberian, and Far Eastern Federal Districts.

These include multidisciplinary hospitals and clinics for children and adults, rehabilitation centers, oncology clinics, and new buildings for existing medical institutions that will provide high-tech medical care. Research centers and production sites for medical devices and high-tech pharmaceuticals are also planned.

The amount of funds required for the construction and reconstruction of the facilities designated in the plan will be determined when decisions are made on the allocation of federal budget investments for these purposes as part of the formation of the draft federal budget for the next financial year and planning period.

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