President Vladimir Putin affirmed that funds allocated for a broad program aimed at developing Russia’s new regions are available and protected. He stated that these resources should not be diverted or lost, underscoring the government’s commitment to the long-term regional strategy. The remarks came during a meeting focused on the socio-economic development of the country’s newly incorporated territories, where he described the initiative as a comprehensive plan with clear results in view across the nation.
During the discussions about the program, Putin explained that it includes nearly 300 activities designed to achieve concrete goals across multiple sectors. The scope covers the economy and infrastructure, healthcare and education, culture and sports, with a strategy to strengthen the social fabric of the communities involved. The emphasis was on coordinating effort among federal authorities, regional administrations, and the ministries to ensure smooth implementation on the ground.
The president pointed out that 1 trillion 83 billion rubles were allocated for these purposes in 2023 and that such funding levels are anticipated to continue in the coming years. He stressed that the money has been counted and accounted for, and there is an explicit expectation that it will be used as planned, without leakage or misallocation.
Overall, Putin noted that the socio-economic integration of the reunified regions is gaining momentum, thanks to synchronized work across government layers and regional bodies. He urged cautious and responsible management of the social systems in these regions to sustain steady progress and prevent disruptions in daily life for residents.
In previous remarks, the president reiterated that no detail is too small when it comes to developing new regions, and he described ongoing revitalization as a continuous process. The aim is to solidify infrastructure, improve living standards, and create conditions for future growth that will benefit all segments of society.
Meanwhile, the Chamber of Commerce and Industry suggested considering a significant reduction in the maximum property tax rate to support investment and development, indicating a broader policy debate about incentives for regional growth and fiscal management.