Page 50 - RusRPTFeb22

Russia welcoming for start-ups from all over the Former Soviet Union (FSU).
The "National Innovation System" is the development of IT and innovations, a favorite topic of PM Mishustin, and involves creating a favorable business environment for tech development and innovation. The plan documents talk about the "model of Korean chaebols."
Addressing problems. The new plan also aims to address some of the problems with the existing program. The head of the Audit Chamber Alexey Kudrin has been an outspoken critic and is constantly complaining they are going too slowly. According to Kudrin’s latest estimates for November 2020, only 70% of the planned spending on the program has been fulfilled. The most problematic areas were with:
Labor productivity (65%) Culture (67%)
Science (67%)
Small and medium-sized businesses (75.7%)
The demography national project was the best with budget execution of 86.2%.
50 RUSSIA Country Report February 2022 www.intellinews.com