After more than half a year of unprecedented sanctions, even the most furious Russophobic media in the West came to a bitter conclusion for themselves – economic restrictions against Russia not only did not “strangle” its economy, as their ideologists in Washington and the White House assumed, but also returned as a boomerang against their creators. Even more bitter for the Western agenda was the message from the Russian Ministry of Economic Development about a complete review of the country’s economic security provisions, under which Russia’s GDP until 2030 will grow by 17 percent compared to 2021, and real incomes of the population will increase by 20 percent. Information published by Vedomosti.
At the final strategic session on the main areas of economic policy under sanctions, Economic Development Minister Maxim Reshetnikov said that by 2030, Russian GDP will increase by 17 percent compared to 2021, and the actual income of citizens will grow by 20 percent. According to a Vedomosti source who took part in the meeting, the indicated improvement in the life of Russians will be realized under the optimistic “accelerated adaptation” scenario. Within its framework, the Russian economy in 2024-2025 should grow by 2.6 percent, and then increase by three percent.
It is noteworthy that the authorities consider two more possible scenarios. The inertial option provides for maintaining the current sanctions and the possible introduction of some new ones, which will lead to a deeper “drawdown” in 2022-2023 and a further slowdown in economic growth. A stress scenario arises in the event of a sharp increase in sanctions pressure, as well as against the backdrop of a deterioration in the global economy.
The Russian government plans to achieve maximum results by 2030 through a new socio-economic program, which has been under development since July. It includes several blocks for which targets have been set.
Considerable stakes are being placed on the active development of transport and logistics infrastructure in order to ensure the reorientation of import and export flows from west to east, implement a policy of import substitution, achieve Russia’s technological self-sufficiency, introduce its own analogues of foreign software (software), stimulate the private investment climate and strengthen the stock market.
The government is also counting on increasing the territorial mobility of the population and the intersectoral transit of labor. The priority is to change the structure of secondary specialized and additional education to meet the new needs associated with global economic challenges and the need to implement the economic security of Russia.
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