Russian President Vladimir Putin spoke at the SPIEF. His key statements were shared on the Telegram channel "By the way, the economy."
- Russia's GDP grew by 1.5% in the first three months of this year and by 1.9% in April. Russia ranks 4th in the world and 1st in Europe in terms of GDP. Inflation in Russia is below 10% thanks to the actions of the Central Bank and the government.
- Non-oil and gas GDP in Russia increased by 4.9% last year.
- Unemployment in Russia stands at 2.3%—a "historic low."
- Russia needs to transition to a "high-wage economy" based on increased labor productivity.
- Russia has seen a record reduction in the poverty rate to 7.2% over the past year. The number of people living in poverty in Russia has decreased from 42.3 million in 2000 to 10.5 million, but this is still insufficient. The Russian president has set a goal to reduce the poverty rate to 5%. In 2000, the poverty rate in Russia was 29%.
- The most investment-attractive regions in Russia are Moscow, Tatarstan, Nizhny Novgorod, the Moscow region, and Bashkortostan.
- In 2024, nearly 77,000 brands were registered, a 12% increase compared to 2023. Currently, Russia has about a million active trademarks registered in total.
- Putin instructed the State Duma to expedite the adoption of a bill regulating online marketplaces.
- The current task is to make the use of the digital ruble widespread—both among citizens and organizations, including banks.
- Russia plans to create a national digital logistics and transportation platform.
Earlier, Sberbank CEO Herman Gref stated that the Russian economy is "going through a Perfect Storm."
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