President Vladimir Putin confirms national development goals delayed from 2024 to 2030.
Russia has dropped its target of becoming one of the world’s five largest economies in a sweeping reset of its ambitious national development goals.
The goal was outlined by President Vladimir Putin following his reelection in 2018, but has been left out of Russia’s new social and economic targets announced on Tuesday.
Putin also delayed a number of other goals to 2030 from the original 2024 deadline, including halving Russia’s poverty rate and boosting life expectancy to 78.
Kremlin spokesman Dmitry Peskov said “highly, highly unfavorable” global economic conditions were behind Russia dropping the goal to become one of the world’s top 5 economies.
Measured in terms of purchasing power parity (PPP) — an indicator which accounts for differences in living standards — Russia was the sixth largest economy in the world in 2019, the World Bank estimates. In nominal terms, Russia ranks eleventh.
Russia’s economy is expected to recover from the coronavirus pandemic slower than most other countries, a host of economic forecasts predict.
Peskov told journalists that goals on raising life expectancy and cutting poverty had been pushed back due to the “unfavourable world economic conditions that will slow the development of all countries without exception.”
Official statistics for 2019 say that more than 18 million Russians live below the poverty line, or 12.3% of the population. This is defined as having monthly income of less than 10,890 rubles ($154).
Life expectancy has grown in recent years from extremely low levels in the early post-Soviet years, especially among men. In 2019, it was 67 for men and 77 for women.
This year Russia has seen its economy, dependent on exports of hydrocarbons, hit by a collapse in oil prices as well as the coronavirus pandemic.
AFP contributed reporting to this article.
The Moscow Times
“Putin also delayed a number of other goals to 2030 from the original 2024 deadline, including halving Russia’s poverty rate and boosting life expectancy to 78.”
They are not as important as spending money on military, to defend against invisible enemies. Of course no mention of this before his sham referendum.
Never mind, they are still number one. In terror, thieving, murder, lying and trickery.
What better way is there to explain your economy going down the shitter than to say you are ditching the goal.
Your sheep might swallow the lie, but the rest of the World know the truth.
There’s no way the midget-led gas station can even become #10 until the midget is returned to the worms whence he came. Just the sale of balloons and fireworks to celebrate his death may move Russia up to #10.
Baaaaaaaaaaaaahaaaaaaaaaaaaahaaaaaaaaaaaaa!
Again, apologies for perhaps posting the same thing twice, but Putin has managed to make Russia a shithole country: https://gubbdjavel.com/2019/10/14/russia-a-technology-superpower-or-a-shithole-country/
A country with hardly toilets is anyhow a sjit hole country.
Number one in breaking promises by far!
In the new Russian constitution: higher pensions, higher wages, high minimum wages, good hospitals.
The votes were counted, and now: The real news, it was fake!
Only you voted for 16 years more Putin’s Nazism.
Yep, 3 weeks after his promises he says, “Sorry, there’s no money. It’s the China virus’ fault. But you take care now…” Makes you wonder what a real, anonymous vote would be in Moskovia if the little limping imp would allow it.