complex for the liquefied natural gas segment. our machine builders, with the participation of oil and gas, and in the liquefied natural gas segment, and a specially created stand in st. petersburg, allow us to test all this equipment. the most complex technology for this niche , large-scale liquefaction, has already been developed. of course, vladimirovich, you know how unique the project for the construction of floating plants in belokamka is, we have already localized more than 75% of the construction of gravity foundations, and now we are achieving the same level in terms of complex, this is the upper superstructure of floating factories. in addition to the transport and energy complex, as well as engine building. we place a special

emphasis on projects of technological sovereignty , on electronics, according to your decision, the government has allocated significant amounts of state pampering, large-scale projects for the construction of factories with modern topologies are being implemented here, including the creation of a sub-sector of electronic engineering as the main element of the means of production, in the development of this...

more enterprises , they can produce up to 400 units, so we are counting on this measure of support , taking into account another decision supported by the government, these are income tax benefits, which will come into force at the beginning of next year, we have additionally issued instructions to issue directives for the company. with state participation for state-owned companies to more actively purchase these products, i am sure that by the thirtieth year, the indicators that today are 10 units per 10 thousand, respectively, we initiated political sovereignty in the chemical industry, its products are used by more than a dozen industries , while for many substances we still

have a fairly high level, unfortunately , depending on imports, we want to resume production of about 500 products, we are starting with basic chains for the development of the low- medium-trade segment, in particular for raw materials, we are connecting scientific organizations to develop the production of substances required in minimal volumes.

question about your assessment of financial sovereignty, how is our issue with finances, here is the use of the national welfare fund, we have done this many times discussed how you assess the reliability , stability and sustainable system, please, yes, thank you, dear vladimir vladimirovich, you really set the task of ensuring financial sovereignty, macroeconomic stability,

the budget provides for a minimum deficit, it is less than 1% of gross domestic product, starting from the twenty-fifth year provides for a general balance of income and expenses, expenses excluding interest payments, this is the so-called primary balance, this is an important showing, it is also important that when generating income, we took into account the budgetary rule, which provides for the fulfillment of our obligations at an oil price of 60 dollars per barrel, 60 dollars per barrel, while we understand that despite the volatility of prices, which means in one direction or another, all

budget obligations, whether due to changes in the price indicators of raw materials or restrictions that are introduced and... we see that recently, too, this whole process does not stop, all our obligations will be fulfilled, this was exactly the principle included in the budget, and you just asked a question about the national welfare fund, indeed the national welfare fund is our financial reserve, a resource that represents almost 12 trillion rubles, to be precise, 11.8 trillion rubles, free resources that are not invested in projects.

it is necessary to ensure financial sovereignty and a stable financial market so that the financial market forms and generates the necessary resources for the development of the economy , for investments, so that it can be invested in development and of course the financial market for its development must ensure payments uninterrupted economics. what is being done and what we plan to do in this direction, first of all , we plan to use those that are either in the hands of the population or do not participate in active investment programs, and

we have more than 40 trillion rubles in such savings, which means citizens have more than 40 trillion rubles. good resources, this resource can both generate income for citizens.

innovations in this mechanism, and the innovation is provided for in the following way: we offer a new instrument for investing in...

people are popular, so these three innovations will be used; we will be able to additionally attract resources, ensure good, reliable returns and, accordingly , use this money for savings - that means insuring investments in new instruments, they will be used in the same way as for insuring citizens’ deposits in banks, but we already reported on this size. such insurance will be twice as high as in bank deposits; in order to invest consciously, you need

to understand which companies, which financial the indicators of these companies are being achieved, so the government has obliged companies to disclose the necessary information, with the exception of sensitive information, so now our investors, citizens, can also look and decide on the parameters of such an investment, having in hand all the necessary financial information about the work of these companies. we see that western countries blocked the investments of our citizens in companies that were invested in foreign securities on foreign western financial markets. to date, the number of victims russian.

will be able to receive and return their investments. the relevant decisions have been approved by you, this mechanism will be launched in full from next year. to protect our investors there is also a wire. replacement of eurobonds issued by companies , we see that 12 companies have produced what this is being done for, that is, our investors who previously invested in foreign securities received our, russian reliable bonds that no one will block, and interest payments on the debt are carried out according to old the conditions under which they invested, so to speak, is also one of the elements of trust. our investors to those actions that

the independence of the financial system is ensured by the uninterrupted settlement of payments , which are ensured by our own payment system, the system for transmitting financial messages, the central bank has made the necessary decisions that allow us, our people and investors, not to feel all the restrictions that were imposed on our country in parts of the settlement systems that we had in operation, one more task: new investments were absolutely reliable and the necessary decisions were prepared in order to remove restrictions on the withdrawal by foreign investors of funds from foreign jurisdictions that are invested in the russian financial market, how much investment means will be attracted from foreign jurisdictions.

our countries, why this is being done, in order to account for investments in securities without the use of western infrastructures, such as euroclear, which... suspended work with our country and these actions according to so-called interdepository bridges will allow us to implement this work on the financial market outside of unfriendly infrastructures. chairman, next year we will work on the introduction of digital financial assets for international payments,

we are actively working on this issue together with the bank of russia, what parameters? we plan to achieve the financial market, we plan that the capitalization of the financial market in the twenty- fourth year will be about 37-39% of gross domestic product, this is one and a half, and the share the stock market in the volume of investments, which is important, will increase somewhere from 5-7% of gdp to 11-12% by the thirtieth year. this is an important task because today the main source of investment. this is the company’s profit , we believe and set the task, the government sets us the task of increasing the share of attraction from the financial market to the resource, the results of the work on financial sovereignty we see the following, this is building a sustainable budget structure, fulfilling all accepted obligations, regardless of

external influences that affect our country, improving the well-being of citizens, ensuring national conservation, protecting motherhood and childhood, support, as if the key components are labor income and employment. according to preliminary data from rosstat, over the 10 months of 2023, nominal wages in the country as a whole increased by 13.7% compared to the same period last year, in real

terms by 7.7 for decree state employees, as we say, in 2023 additionally from the budgets of the budget system in order to maintain the required levels, established by you, 410 billion rubles were allocated, of which 224 billion were allocated from the federal budget of the compulsory health insurance fund, work to monitor implementation. more than 93 thousand unemployed citizens and citizens who are at risk of dismissal are covered by various forms of employment. state support for employers in order to stimulate employment has allowed 50,000 people to be hired since the beginning of the year, of which 98% are young people under 30 years of age.

training also continued.

work with the low-income population, you have already spoken about the unified benefit and its indicators for the current period of time, i want to talk about additional measures that are also being implemented on your instructions: families whose income exceeds the subsistence level from january 1, 2023 have the opportunity to use maternity funds capital in the amount of the subsistence minimum per child, and this norm in 2023 as of... at this point in time was used by 400 2,000 families. our social contract is being transferred to the principles of social treasury from january 1, twenty fourth year. it can be concluded by submitting an application on the public services portal with a minimum number of documents. currently, the social contract has been concluded with 202,

it covers more than 671 thousand. we have repeatedly evaluated this tool both with colleagues from the regions and the chamber of accounts, i want to say that this tool is effective, more than 70% of recipients increase their income, and 30% finish. with poverty. as a result of targeted work with low-income groups in the third quarter, income increased. if translate this into numbers of people, then 1.1 million of our citizens have emerged from poverty. by 2024, based on the decisions taken, we are increasing the maximum amounts of benefits paid from compulsory social insurance funds. personal disability, pregnancy and childbirth, monthly child care benefits have increased almost one and a half times, and from 2025 more than

doubled, this is due to an increase in the tax base of the wage fund, which we adopted not so long ago. according to preliminary estimates from rosstat, based on the results of 10 months this year, real cash incomes of the population increased by 3.9% compared to the same period last year. in the third quarter, you already said this, you talked about the preliminary poverty level being 0.3 points lower than the same period last year. now this quarterly observation allows us to conclude that our plans to achieve the poverty indicators that were established and approved by you will be implemented and work will continue to achieve more ambitious poverty reduction targets. for identifying potential recipients of additional support, increasing its targeting, implementation, and improving approaches to its implementation. now as part

of the block to ensure the conservation of people, the protection of motherhood and childhood, and support for families with children. i would like to say that first of all , we have already approved the introduction of maternity capital, the decision on which you made back in 2007. family capital. in the twenty- third year, this is almost 879,000 certificates. i want to say that this has become the most effective and most significant measure family support. throughout the entire period of observation. on your instructions, vladimir vladimirovich, we made a decision, and you signed the relevant decree on preserving the right to receive a monthly allowance for caring for a child at work up to the age of one and a half years, and for... parents of guardians who care for a child - a disabled person has the right to receive compensation for child care if he works part-

time. preferential mortgage and housing programs also continue. in 11 months twenty in the third year, with the help of preferential mortgages , about 393,000 young families improved their living conditions; we, as mortgage borrowers, received four payments. rubles to pay off the mortgage, you talked about this on a direct line, in the middle of next year the family mortgage expires and these payments of 450,000 to pay it off at the birth of the third and...