A plenary session with Vladimir Putin on the occasion of the global economical Forum began in St. Petersburg. During this session, he characterized the planet situation, but besides in Russia. He saw the world's crises erupt rapidly, and present it is seen in the mediate East. It is crucial for him that the technological breakthrough serves to reduce poorness in the world. He besides worried those who wanted to impoverish Russia with sanctions, informing that Russia's GDP was expanding by over 4% all year despite all the difficulties. But besides the contribution of the natural materials sector is no longer decisive in Russia, which denies Russia as a large gas station. Contrary to any opinions, possibly the defence manufacture has not become crucial for economical growth in fresh years. In the non-oil and gas sector, Russia's GDP increased by 7.2% in 2023, and in 2024 by 4%, which in his opinion is crucial figures. He besides pointed out that he sees difficulties all the time if he stated that Russia must accomplish average inflation and low unemployment. In addition, he had to embarrass and problem the full West by saying that Russia is 4th in the planet in terms of GDP and what is interesting first in Europe.
High inflation and low unemployment
Although Putin claimed that average inflation and unemployment had to be achieved, it was very large, as it fell only below 10% thanks to the actions of the Central Bank and the government. It was as advanced as 9.6 each year on June 16. The dynamics of inflation itself develops better than the expected market. Russia's GDP alone increased by 1.5% annually in the first 4 months of the year. And GDP consists not only of the military-industrial complex, but besides of agriculture, construction, finance and another sectors. He pointed out that the recession must not be allowed, despite specified a risk. The president besides believes that a change in the structure of the economy is necessary. Unemployment is low due to the fact that it is only 2.3 percent. He besides believes that young people and adults have a career in Russia. Russia must so decision to a advanced wage economy based on productivity gains. Russia besides manages to follow the right way to tackle youth unemployment. This is only 7.5% of them, which is 1 of the better indicators in the world. In addition, employment in the IT and processing sectors is expanding and falling in the public sector. Social inequalities stay a problem, but the authorities believe Putin has consistently solved them. The poorness rate alone is evidence low and is only 7.2 percent. In figures, the decrease appears to have been 42.3 million people in the number of mediocre people in 2000, and now 10.5 million. But he inactive thinks it's besides much.
Ambitious Goals
As problems proceed to occur, Putin said that the goal of reducing poorness to 5% should be set, which shows its anti-neoliberal course. In his opinion, the level of pay in Russia is not sufficient. In order to improve them, skills and retraining of workers must be improved and labour mobility should increase. For this purpose, Putin commissioned the government and regions to prepare a long-term strategy for the improvement of the creative economy and to consider a separate national project. He besides proposed to consider launching peculiar projects to extract valuable components from waste. Another thought is to combine the resources of preferential lending schemes to make tourist infrastructure and defend cultural heritage sites.
New technologies and national brands
Putin is besides aware of the request to make fresh technologies and put them into practice. And it should be native technology. Therefore, Russian brands should be supported and a national digital transport and logistics platform should be created. In the year 2024 alone almost 77 1000 brands were registered, i.e. 12% more than in the erstwhile year. Investment in improvement and investigation of private business grew at least twice. In addition, Russia has the task of making maximum usage of the digital ruble. By 2030, Russia will be as forecast in the top 20 planet leaders in terms of conducting business. It is besides crucial to decision distant from dividing companies into purely defence-industrial and civil. And rapidly implement civilian solutions in the defence sphere. As you can see, the objectives include primarily focusing on the interests of Russia, its development, and the simplification of poverty, which clearly contradicts Putin's agreement on erstwhile neoliberal solutions that have created problems that have not yet been resolved in Russia.
Bartłomiej Doborzyński
