JRL NEWSWATCH: “Russia’s Putin sets new 2030 goals as National Projects scaled back” – bne Intellinews

Kremlin and River

“… Putin has signed a ‘July Decree’ … outlin[ing] … national development goals up to 2030 …. risk[ing] … [failure to] fulfill[] … [his] previous economic platform due to the … COVID-19[] crisis. … [with] deadlines for [the] National Projects spending spree … being pushed from 2024 to 2030. [The new platform] outline[s] five development goals: 1) maintaining the population, […]

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JRL NEWSWATCH: “Putin delays $360bn spending plan as Covid-19 batters economy” – Financial Times/ Henry Foy

File Photo of Kremlin Tower, St. Basil's, Red Square at Night

“Volte-face comes shortly after vote that allows Russian president to extend his rule for another 16 years.” “… Putin has delayed his flagship … national investment plan by six years as the coronavirus pandemic pitches Russia into recession and leaves a hole in the federal budget. … Putin unveiled the so-called National Projects two years ago as a much-needed Rbs25.7tn […]

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Russia To Adjust Spending On Putin’s ‘National Projects’ As Economy Hit By Coronavirus

Kremlin and River

(Article text ©2020 RFE/RL, Inc., Radio Free Europe/Radio Liberty – rferl.org – May 3, 2020 – article text also appeared at rferl.org/a/russia-to-adjust-spending-on-putin-s-national-projects-as-economy-hit-by-coronavirus/30590575.html) Russia may alter spending plans for a series of national goals promoted by President Vladimir Putin two years ago as the spread of the coronavirus slashes budget revenues. Putin’s spokesman Dmitry Peskov said on May 3 that the […]

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JRL NEWSWATCH: “Putin’s Own Government Warns His Campaign Promises Can’t Be Met” – Bloomberg/ Evgenia Pismennaya, Anna Andrianova, Ilya Arkhipov

Cash, Calculator, Pen

“… Putin’s own government doesn’t believe his ambitious campaign pledges to improve living standards are attainable. Officials have analyzed the $400 billion [National Projects] spending program … and found that the majority of targets will be impossible to achieve before … Putin’s term [ends] in 2024 …. Putin and … Medvedev have been briefed about the findings …. confirm[ing] conclusions […]

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