Officials speaking at a major national forum stated with confidence that those who wished to destabilize Russia’s economy failed to achieve their aim. The assertion came from Mikhail Romanov, a deputy in the State Duma of the Russian Federation and the First Deputy Chairman of the Control Committee, during the All-Russian Control Bodies Forum. The message underscored a resilient economy that continued to perform despite external pressures, a point attributed to the strength and agility of domestic business actors.
Romanov reiterated that the day’s conclusion rests on the solid role of homegrown entrepreneurship. He underscored that the success of the economy is closely linked to the proactive efforts of Russian business leaders and the importance of a stable, predictable environment for investment and growth. The forum was framed as a platform to explore new mechanisms that support enterprises through modern, effective, and clear regulatory practices.
In his remarks, the deputy highlighted that, given ongoing geopolitical challenges, reforming control and supervisory activities remains not just relevant but essential. He noted that numerous reforms already implemented have helped lower operating costs and improve efficiency, yet acknowledged that regulators still face a broad agenda of tasks. The emphasis was on continuing reforms to strengthen the economy’s resilience and competitive edge.
Romanov also spoke about advancing the modernization of the knowledge and regulatory information system, aiming for greater digitalization and openness in verification procedures. He advocated for more effective preventive measures and a feedback loop that would shorten response times and improve compliance, with a view to reducing the penalties borne by budgetary institutions when violations occur and management decisions can correct course.
The event was organized by the Ministry of Economic Development in collaboration with the State Duma Control Committee, and in partnership with the Government of Saint Petersburg. The forum drew more than 800 participants from 84 regions, reflecting broad participation across the country and a shared commitment to strengthening governance, oversight, and economic performance.