On March 16, Russian President Vladimir Putin is scheduled to convene a government meeting by videoconference to review the execution of the President’s latest address to the Federal Assembly and to assess progress toward the nation’s strategic development goals. The session, reported by TASS with reference to the Kremlin press service, will illuminate how Moscow plans to translate high-level directives into tangible policy actions across the economy and state administration, reflecting a careful balance between social commitments and structural reforms that shape Russia’s short and midterm outlook.
The lineup of speakers accompanying the president includes First Deputy Prime Minister Andrei Belousov, Deputy Prime Ministers Marat Khusnullin and Tatyana Golikova, Industry and Trade Minister Denis Manturov, Finance Minister Anton Siluanov, and Chelyabinsk Region Governor Alexei Teksler. Their participation signals a broad, coordinated government effort to operationalize strategic priorities—from industrial policy and infrastructure investments to fiscal stability and regional development—within the framework laid out in the federal agenda. The discussions are expected to revisit the mechanisms by which federal programs intersect with regional initiatives, ensuring alignment with the government’s stated growth targets and social commitments, and providing a roadmap for subsequent policy steps [Source: TASS].
Earlier, on February 21, Putin addressed the Federal Assembly during a session held at Gostiny Dvor, where the head of state announced a set of new social and economic measures intended to bolster household welfare and accelerate key reforms. The address emphasized steps designed to raise living standards, streamline public wage policies, and strengthen the state’s role in supporting long-term development. As the president outlined these initiatives, observers noted the potential implications for labor markets, consumer prices, and public investment, all of which could influence subsequent policy deliberations and budgetary planning across federal and regional levels [Source: TASS].
One concrete proposal highlighted by the president was to index the minimum wage to 19,242 rubles starting in 2024, a move framed as a tool to better reflect rising living costs and to preserve the purchasing power of lower-income households. This initiative would interact with broader social safety nets and employer obligations, affecting both state-funded programs and private-sector wage negotiations. In addition, Putin proposed the creation of a state fund dedicated to supporting veterans of the military operation, a measure intended to provide targeted financial stability and long-term assistance to individuals who served in the campaign, while also signaling a broader commitment to social protection amid evolving security and economic conditions [Source: TASS].
Looking ahead, the president is slated to participate in the annual congress of the Russian Union of Industrialists and Entrepreneurs (RSPP) on March 16, where he will engage in a separate meeting with the Bureau members. This engagement underscores the ongoing dialogue between the executive branch and the business community, a channel through which policy proposals, regulatory adjustments, and macroeconomic outlooks are refined. The interaction is expected to address enterprise competitiveness, regional investment climates, and the implementation of economic programs designed to stimulate innovation, productivity, and sustainable growth, all within the framework of Russia’s strategic development goals and social guarantees [Source: TASS].