Mishustin listed six main tasks of the government for 2023

Russian Prime Minister Mikhail Mishustin has formulated six key tasks that the government faces in 2023. The head of the Cabinet of Ministers made theses during a report on the work of the government over the past year for the State Duma.

First task – strengthening the interaction of the Russian Federation with allies and the search for new promising partners, Mr. Mishustin pointed out. In this regard, the Cabinet of Ministers of the Russian Federation attaches great importance to the development of relations with China, intends to take measures to increase joint projects with member countries of the Eurasian Economic Union, and also continue to promote the development of transport infrastructure.

Second task they see the strengthening of the country’s technological sovereignty in the Cabinet, Mr. Mishustin said. Thus, the government considers it important to ensure that “all necessary developments” are available on the domestic market. The authorities intend to continue projects aimed at the production of competitive products (primarily to replace supplies from unfriendly countries), first of all, to create new value chains, as well as to support entrepreneurs with budget financing or through a “flexible” customs and tariff policy, the prime minister said. Thus, proposals on tax incentives for the purchase of domestic equipment will be presented by the Cabinet of Ministers within a month.

The government estimates the total amount of planned subsidies this year at 300 million rubles, Mr. Mishustin said. In addition, another 1 billion can be allocated for these purposes. In addition, industrial mortgage programs continue to operate, a new mode of operation of industrial clusters is being tested, and additional measures are being developed to introduce technologies in the medical industry, the prime minister said.

Achieving the financial sovereignty of the country – third priority, formulated by the head of the Cabinet. Blocking access to Western resources, the prime minister believes, is a good opportunity to develop their own stock market and banking sector, the prime minister believes. Thus, the government plans to expand the range of tools for attracting long-term money to the economy, develop a single tax deduction for investors, and stimulate the growth of attracting financing by fast-growing technology companies.

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