Page 116 - RusRPTJun24

The decree sets targets for birth rates, life expectancy, road safety, and other factors that affect living standards. Broadband internet access should be available to 97% of Russian households within six years, and 99% of them in 12 years. Garbage recycling should be available to all Russian households by 2030. And virtually all government services should be provided remotely online by the same year.
The previous set of mid-term national goals, which is superseded by the new document, was published in 2020.
Russian President Vladimir Putin introduce more details of spending on the National Projects on May 8.
- The decree is titled "National Development Goals."
- The primary demographic goal is to increase the total fertility rate (TFR) to 1.6 by 2030 and to 1.8 by 2036, up from the current 1.4. Additionally, the average life expectancy is expected to rise to 78 years by 2030.
- By 2030, Russia aims to become the world's fourth-largest economy by purchasing power parity (PPP). Currently ranked fifth, Russia must overtake Japan, which is currently 20-25% ahead.
- Russia's economic growth should exceed the global average, which currently stands at 3%. Russia's GDP growth for 2023 was 3.6%, but the average growth over the last decade has been 1-2%.
- The decree sets a goal to reduce social inequality to a Gini coefficient of 0.37 by 2030. In 2023, it was 0.403. The closer to zero, the better.
- The poverty level should be reduced to 7% by 2030. It currently stands at 8.5%.
- The average minimum living space per person by 2030 should be 33 square meters, compared to the current average of approximately 28 square meters.
The decree also incorporates certain elements from the previous iterations of 2018 and 2020, such as sustainable population growth, support for childbirth, increased social payments, and other points. Analysts note that although the timeframe for achieving these goals has been extended to 2030, the decree has become more realistic overall (the list of tasks was reduced from 160 to 82). Importantly, many of the goals are not arbitrary but are based on ongoing processes, such as Russia's recent overtaking of Germany for the fifth place in GDP by PPP.
116 RUSSIA Country Report June 2024 www.intellinews.com