Innoprom-2021, first day.  Yekaterinburg, Mishustin Mikhail, Innoprom 2021

Prime Minister Mikhail Mishustin named three key tasks for the government in 2022
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Sanctions against Russia in general and the Urals in particular

The authorities showed that despite the sanctions pressure from the West, they intend to maintain the standard of living of Russians. At a meeting on the implementation of the federal budget on May 13, Russian Prime Minister Mikhail Mishustin named three main tasks for officials at all levels: maintaining jobs, price stability and supporting those in need. Experts explained to URA.RU that the adjustment of the budget policy with an emphasis on helping people will support not only Russians, but also the country’s economy as a whole.

Stability in the field of budgetary policy is important for the economy to adapt to life under sanctions, Mishustin said at the beginning of the meeting. “In 2022, the main tasks will be to preserve jobs and support the most vulnerable categories of the population, as well as ensuring financial and price stability. All the mechanisms of our economic policy are oriented towards them,” the prime minister specified.

Shops, products, price tags.  Tyumen

Ensuring price stability has become one of the main areas of work of the Russian government

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Mishustin compared the current government policy with actions during the coronavirus pandemic. He described her as “responsible and balanced.”

“In the first four months, budget revenues have grown significantly. This was mainly due to a sharp increase in oil and gas revenues. Such dynamics made it possible to increase the reserve fund, which will be used to support residents and the economy,” the head of government said.

City Council meeting.  Mound

The government must continue to pursue a responsible budget policy, emphasizes Mikhail Mishustin

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According to Mishustin, Western countries will look for new ways to put pressure on Russia, and “we must be prepared for any development of the situation.” “To work out solutions that will help offset the negative while continuing to pursue a responsible budget policy. It is important to accurately and efficiently target our programs and expenses, to strike a balance between assistance measures and financial and price stability,” the prime minister added.

The Russian economy is adapting to life under sanctions, Mishustin is sure. A competent budget policy will become the basis for the development of the economy in the future.

Types of the city.  Permian

The directions of the government’s work are determined taking into account the risks that may arise in these three areas, experts say

Photo: Maxim Kimerling © URA.RU

Mishustin outlined three areas of work, because there are certain risks in them, says Petr Kiryan, head of the Social Research Laboratory of the Institute of Regional Problems. “Among the risks that may materialize are rising unemployment and price changes, for example, due to disruption of supply chains. Inflation, tension in the labor market can lead to the fact that the needy categories of the population will be in the zone of attention. Therefore, additional federal budget expenditures will be provided for them, ”the source says.

The government has put employment, real incomes of the population and financial support for the economy at the forefront, since these are macroeconomic things, says Georgy Ostapkovich, director of the HSE Center for Market Research. “The economic meaning of people’s lives is income and employment.

First of all, we need to help people, and they themselves will create an economy. What will be the level and quality of life of people, such will be the economy,” Ostapkovich specified.

The Russian authorities, in the face of external pressure, have adjusted their budget policy in order to prevent slipping into a high deficit, Vladimir Klimanov, director of the Center for Regional Policy at the RANEPA, is sure. “Changes in geopolitics required a revision of the budget policy. The government has kept the same course, correcting it to take into account the crisis moments,” he explained.

The tasks of the government of the Russian Federation are formulated taking into account the interests of the Russians and the preservation of the economic sovereignty of the country, Viktor Poturemsky, General Director of the Center for Strategic Planning. “Sanctions affect everything, not just the economy. In this vein, both federal and regional authorities pay much attention to the social sphere. There are resources and political will to make decisions on supporting the population,” the expert concluded.

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The authorities showed that despite the sanctions pressure from the West, they intend to maintain the standard of living of Russians. At a meeting on the implementation of the federal budget on May 13, Russian Prime Minister Mikhail Mishustin named three main tasks for officials at all levels: maintaining jobs, price stability and supporting those in need. Experts explained to URA.RU that the adjustment of the budget policy with an emphasis on helping people will support not only Russians, but also the country’s economy as a whole. Stability in the field of budgetary policy is important for the economy to adapt to life under sanctions, Mishustin said at the beginning of the meeting. “In 2022, the main tasks will be to preserve jobs and support the most vulnerable categories of the population, as well as ensuring financial and price stability. All the mechanisms of our economic policy are oriented towards them,” the prime minister specified. Mishustin compared the current government policy with actions during the coronavirus pandemic. He described her as “responsible and balanced.” “In the first four months, budget revenues have grown significantly. This was mainly due to a sharp increase in oil and gas revenues. Such dynamics made it possible to increase the reserve fund, which will be used to support residents and the economy,” the head of government said. According to Mishustin, Western countries will look for new ways to put pressure on Russia, and “we must be prepared for any development of the situation.” “To work out solutions that will help offset the negative while continuing to pursue a responsible budget policy. It is important to accurately and efficiently target our programs and expenses, to strike a balance between assistance measures and financial and price stability,” the prime minister added. The Russian economy is adapting to life under sanctions, Mishustin is sure. A competent budget policy will become the basis for the development of the economy in the future. Mishustin outlined three areas of work, because there are certain risks in them, says Petr Kiryan, head of the Social Research Laboratory of the Institute of Regional Problems. “Among the risks that may materialize are rising unemployment and price changes, for example, due to disruption of supply chains. Inflation, tension in the labor market can lead to the fact that the needy categories of the population will be in the zone of attention. Therefore, additional federal budget expenditures will be provided for them, ”the source says. The government has put employment, real incomes of the population and financial support for the economy at the forefront, since these are macroeconomic things, says Georgy Ostapkovich, director of the HSE Center for Market Research. “The economic meaning of people’s lives is income and employment. First of all, we need to help people, and they themselves will create an economy. What will be the level and quality of life of people, such will be the economy,” Ostapkovich specified. The Russian authorities, in the face of external pressure, have adjusted their budget policy in order to prevent slipping into a high deficit, Vladimir Klimanov, director of the Center for Regional Policy at the RANEPA, is sure. “Changes in geopolitics required a revision of the budget policy. The government has kept the same course, correcting it to take into account the crisis moments,” he explained. The tasks of the government of the Russian Federation are formulated taking into account the interests of the Russians and the preservation of the economic sovereignty of the country, Viktor Poturemsky, General Director of the Center for Strategic Planning. “Sanctions affect everything, not just the economy. In this vein, both federal and regional authorities pay much attention to the social sphere. There are resources and political will to make decisions on supporting the population,” the expert concluded.

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