Putin Orders Central Bank and Government to Restore Economic Growth and Investment Activity Rates

17:06; 05 January 2026 year

In 2026, the Russian government, together with the Bank of Russia, will have to focus on restoring the growth rates of the economy, investment activity, and addressing structural problems in economic sectors, as well as maintaining the inflation level within the range of 4-5% by the end of the year. This task was assigned by President Vladimir Putin following a meeting of the Presidential Council for Strategic Development and National Projects. The list of assignments is published on the Kremlin’s website. Among other assignments given by Putin: - Increase tax collection in 2026 by "whitening" the economy; - Expand deliveries of imported priority products to Russia, including those without domestic analogues; - Approve a national plan for the implementation of artificial intelligence in the economy, public administration, and social sphere; - Reduce excessive administrative barriers that hinder the development of artificial intelligence; - Prepare support measures for families depending on the number of children; - Prepare measures to promote active fatherhood; - Increase the accessibility of taxis for families with children by introducing preferential tariffs for large families.

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