only entering the market is supported by long-term orders and subsidies from the state by estimate by estimate. these measures should ensure by 2030 the implementation of projects in demand in the amount of more than 10 trillion rubles, and already this year the amount of investments is expected to be about two trillion. i pay attention. these are not just forecasts, but clearly established benchmarks. therefore, i ask the governments to speed up the launch of these projects as soon as possible to lend a shoulder to business to propose systemic measures support, including tax breaks know how, uh, the financial bloc does not like to provide benefits and partially share this position of the taxation system. they even have to be holistic without any niches of exclusion there, but uh, creativity in this case is in demand. so starting this year.

so, starting this year , russian companies can reduce income tax payments if they purchase advanced domestic it solutions and products using artificial intelligence. and these costs are taken into account with an increased coefficient one and a half times more than the actual costs, that is, for every ruble invested by companies in the purchase of such products, which i just mentioned, there is a tax deduction of one and a half rubles, i propose to extend such a tax benefit to the purchase of russian high-tech equipment. generally. i ask governments to make a proposal on the list of such equipment according to the industries in which it is used and in order to provide benefits, the third most important question yes this is a good decision that

will revive the economy, the third most important issue on the agenda for the development of economic growth is new sources of investment financing, we also talk a lot about this thanks to a strong balance of payments in russia, there is no need to borrow abroad to beg for money, and then for a long time to conduct a dialogue about what how much and on what terms of repayment, domestic banks operate stably and steadily have a solid margin of safety in 2022, the volume of bank loans to the corporate sector has grown. you see, the score has grown a lot. but growth is fixed. 14%. this is more than in 2021 and any military operation . in 2021, growth, er, growth was then 11.7%, and now

14 mortgage portfolios have also added 24/10% . yes, it is not as big as in previous years, but a decent profit of 203 billion rubles. this is also an indicator of the stability of the russian financial sector, according to inflation estimates already in the second quarter of this year. in russia, it will approach the target level of 4%. recall that in e. in some countries european union in the same place 17 12 20%. we have. four almost, well, five there the central bank , the ministry of finance, are sorting it out among themselves. well , it will be close to the target, taking into account the positive dynamics of this and other

macroeconomic parameters , objective conditions are being formed for reducing long-term lending rates in the economy. this means that credit for the real sector should become more accessible everywhere in the world. an important source of investment resources is the long-term savings of citizens. and we also need to stimulate them inflow into investment areas. i ask the governments to expedite the submission of draft laws to the state duma to launch a satisfing state program. since april this year, it is important to create additional conditions for citizens to invest and earn at home within the country. at the same time, it is necessary to guarantee the safety of citizens' investments in voluntary pension savings. here there should be the same mechanism as in the system of insurance of bank deposits; let me remind you of such deposits of citizens in the amount of up to 1 million 400,000 rubles. they are insured by the state and their return

is guaranteed for voluntary pension savings, i propose to set twice the amount up to 2 million 800,000 rubles. it is also necessary to protect citizens' investments in other long-term and investment instruments, including from the possible bankruptcy of financial intermediaries. individual solutions required to raise capital fast-growing high-tech businesses they will be provided with support for the placement of shares on the domestic stock market, including tax incentives, as for companies, and for buyers of such shares , the most important elements of economic sovereignty are freedom of enterprise. i repeat, it is private business against the background of external attempts to contain russia that has proved that it can adapt

to a rapidly changing contour. yes, you are not under easy conditions to ensure economic growth, so every business initiative aimed at benefiting the country should receive support. in this regard, i think it is right to return to the issue of revising a number of norms of criminal law in terms of the so-called economic compositions, of course. of course, the state must control what is happening in this area, permissiveness cannot be allowed here, but there is no need to go too far, it is also necessary to move more actively towards this decriminalization, which i said, hoping that the government, together with the parliament, law enforcement agencies , business associations, will be followers and thoroughly carry out this work, at the same time. i ask governments, in close contact with parliament, to propose additional measures,

which will speed up the process of the economy. businesses primarily included their sectors and industries must operate in russian jurisdiction. this is the basic principle. well, in this regard, dear colleagues. eh, so small. philosophical digression what i would like to say in this regard separately, we remember what problems and imbalances the late soviet economy faced, therefore, after the collapse of the soviet union of its planned system in the chaos of the nineties , the country began to create an economy based on market relations of private property. well in general, everything is correct in many respects , the western countries of advisers served as an example here. as

you know, there was a pond here and it seemed enough just to copy their models. i remember europeans arguing with americans there. how to develop in the russian economy. and what happened as a result, our national economy became largely oriented specifically to the west, and first of all, as a source in general, as a source of raw materials, the reasons for this are also understandable, the new emerging russian business was naturally targeted, like all others businesses. in all other countries, they are primarily aimed at making a profit, and fast and easy. what brought her? well, this is the most selling resources of oil gas metal forest.

few people thought, and maybe there was no such opportunity to invest in the long term, so other more complex sectors of the economy developed poorly and to break this negative trend, but everyone saw it perfectly in all governments, but it took us years to break this trend adjustment of the tax system large-scale state investments. we have achieved real visible change here. yes, there is a result, however , i repeat, it must be taken into account. in what situation did our first of all large business develop? technologies in the west are cheaper financial sources and profitable markets in the west, of course, and capital is flowing away. and unfortunately, instead of going to expand production to buy equipment

, technology to create new jobs here in russia. they, among other things, spent money on foreign estates, luxury yachts invest. so in development. naturally. well, at the first stage everything is there. a wide stream went to a large extent for these purposes for consumption, and where there is wealth. there naturally and children their education. there their lives are their future and to track down such a development of the situation, the state was very difficult, but almost impossible. we lived parallel to the free market. recent events have convincingly shown the image of the west as a safe harbor and a haven for capital turned out to be a ghost of the fascist and those who i didn’t understand who considered russia only as a source of income, but planned to live. basically, they lost a lot abroad. their. they

simply robbed even legally earned money. somehow, as a joke, many remember, probably, referring to representatives of russian business. i said you are tormented by swallowing dust while running through the courts and offices of western officials. saving your money exactly, that's how it all happened. and you know, now i will add a very important, simple, but very important thing. believe me, none of the ordinary citizens of the country. did not regret those who lost their capital of foreign banks. he did not feel sorry for those who lost yachts of palaces abroad, and so on and so forth, and in conversations in the kitchen, people probably remembered

the privatization of the nineties, when enterprises created throughout the country went for nothing and ostentatious demonstrative luxury, the so-called new orders. what else is fundamentally important all the years after the collapse of the soviet union, the west did not stop trying to set fire to the post-soviet states and, most importantly , finally finish off russia as the largest surviving part of our historical they spared the state space and set international terrorists on us, provoked regional conflicts along the perimeter of our borders , ignored our interests and used means of economic deterrence and suppression. and big russian business , for which i say all this, and big russian business is responsible for the work of strategic enterprises for thousands of labor collectives determines the socio-economic situation in many regions, which means the state of affairs when managers and

the owners of such a business become dependent on the government, which pursues an unfriendly policy towards russia, which poses a great threat to us , danger to our country and such a situation. it cannot be tolerated. yes everyone has a choice, someone wants to live out his life in an arrested mansion with blocked accounts. it comes across to find a place that would be hmm an attractive western capital or resort. in another warm place abroad, this is the right of any person. we're not even up to it we’re trying, but it’s time to understand that for the west, such people were and will remain as bare-bones strangers, with whom you can

do whatever you want, money and connections and bought titles of counts of peers. and there mayors. here will not help absolutely they have to understand, they are there second quarrels. but if another choice is to work with your homeland for compatriots, not only to open new enterprises, but also to change life around you in cities and towns in your country, and we have many such entrepreneurs, such real fighters in business. they are the future domestic business. everyone should understand both the sources of well-being and the future should be only here in their native country in russia

and then we will really create a strong self-sufficient economy that does not close itself off from the world, but use all its competitive advantages, russian capital, the money that is received here should work for the country for its national development. today, we have great prospects in the development of infrastructure, the manufacturing industry of domestic tourism in many other industries. want, so that those who are faced with wolf habits can also hear me. west trying to run with outstretched hand is pointless. and most importantly. it's useless, especially. now that you understand well who you are dealing with. now you should not cling to the past trying to sue something to beg. we need to change our lives and our

work. especially since you are strong people turn to the representatives of our business. i know many, personally and for many years, strong people who have gone through a difficult life school. well start new projects. earn invest in russia, invest jobs in the enterprise, help schools and universities of science and health, culture and sports in this way and increase your capital and earn recognition and gratitude of people for a generation to come, and the state and society will certainly support you. we will consider that this is a parting word to our

business, you are building work in the right direction, dear colleagues, russia is an open country and, at the same time, a distinctive civilization. in this statement. there is no claim to exclusivity and superiority. but this is our civilization. this is the main thing that our ancestors passed it on to us, and we must preserve it for our descendants and pass it on, we will continue to develop cooperation with friends, with everyone ready to work together. we will adopt all the best, but rely primarily on our potential, the creative energy of russian society, our traditions and values. and here i want to talk about the character of our people. he has always been distinguished by generosity , breadth of soul, mercy and compassion and russia as a country fully reflects in to ourselves these traits we know how. we know how to be friends

and keep our word we will not let anyone down and will always support in difficult situations without hesitation we come to the aid of those who are in trouble. uh, everyone remembers how during a pandemic. we were the first to, in fact, provided support to some european countries, including italy, by another state in the most difficult, mm. we will not forget the most difficult weeks of the outbreak, we will not forget avito, and how we come to the rescue. uh, in the event of an earthquake in syria in turkey , it is the people of russia that are the basis of the country's sovereignty, the source of the power of law and the freedom of our citizens are unshakable, they are guaranteed by the constitution and despite external challenges and threats. we will not deviate from them in this regard , i want to emphasize. in this regard, i want

to emphasize that the elections to local and regional authorities. this september and the presidential elections in 2024 will be held in strict accordance with the law and in compliance with all democratic constitutional procedures. the choice is always different approaches to solving social economic problems. at the same time, the leading political forces are consolidated and united in the main thing, and most importantly, the basis that presupposes for all of us is the security and well-being of the people, sovereignty and national interests. i would like to thank you for such a responsible and firm position and to remind you of the words of the patriot and lypin's state. they were said in the state duma more than 100 years ago, but they are fully in tune with our time. he said in the defense of russia we must all join

forces to coordinate our duties and our rights in order to maintain one historical supreme right - the right of russia to be strong. among the volunteers who are now at the forefront are deputies of the state duma and regional parliaments, a representative of the executive authorities of various levels of municipalities of cities, districts of rural settlements, all parliamentary parties, leading public associations participate in the collection of humanitarian supplies to help the front.

thanks again. thanks for being so patriotic. a huge role in strengthening civil society in solving everyday problems is played by local self-government close to the people of the level of public authority , trust in the state largely depends on his work. in general, the social well-being of citizens is their confidence in the successful development of the whole country. i ask the presidential administration, together with the government, to submit a proposal to create hmm tools for direct support of the best management teams, practices in large, medium and small municipalities, the free development of society is the willingness to take responsibility for oneself and for those close to one's country such qualities are laid from childhood in the family, and of course

, the education system is extremely important for strengthening our common values ​​of national identity. domestic culture. using the resources of the presidential grants fund of the cultural fund, initiatives of the internet development institute and other state tools will support all forms of creative search, modern and traditional art, avant-garde realism, classics. innovation is not a matter of genres and trends, culture is called upon to serve the good, the beauty of harmony, to reflect on sometimes very complex contradictory issues of life and , most importantly, not to destroy society, but to awaken the best human qualities. the development of the cultural sphere will become one of the priorities of the revival of peaceful life in the donbass, here it will be necessary to restore , repair and equip hundreds of cultural institutions,

including museum funds and buildings that give people the opportunity to feel the relationship between the past and the present belonging to feel belonging to a single cultural historical educational space of centuries great russia with the participation educators and scientists. we must seriously improve the quality of school courses in the humanities, first of all, history, social science, literature , geography, so that young people can learn as much as possible about russia, its great past, our culture and traditions. we have a very bright talented young generation that is ready to work for the good of the country in science, culture , the social sphere, business and public administration, it is for such people that new horizons of professional growth are opened competitions leader of russia leaders of russia also, taking place now in the new subjects of the federation

competition leaders of the renaissance, i note that a number of winners of the finalists of these projects. volunteered into combat units. many are now working in the liberated territories to help establish economic and social life. at the same time, the school of fighting acts professionally, decisively and courageously . people come out differently. and they are ready to lay down their lives for the fatherland wherever they work? i would like to emphasize those who was born grew up in the donbass in novorossiya fought for them will be the main pillars should be the main pillars in the overall work on the development of these regions. i would like to address them and say that russia is counting on you.

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