Page 51 - RusRPTFeb23

"As Denis Manturov reminded, investment programs in nineteen branches of industry were examined at strategic sessions of the Russian government, which anticipates allocation of 5.7 trillion rubles of budget investments by 2030," the Ministry of Industry said.
The processing sector is expected to see a minor decline as of 2022 year-end, Manturov noted.
4.5 Labour and income
4.5.1 Labour market, unemployment dynamics
The unemployment rate in Russia was at the minimal level of 3.7% and inflation turned out to be lower than expected, President Vladimir Putin said at the Cabinet meeting in January. "We ended the year of 2022 with the minimal unemployment rate - 3.7% and with the lower inflation level than forecast," the head of state said. "An increase in the real incomes of the population should be achieved" and "the inflation downward trend should be addressed in the current economic policy," Putin noted.
The number of registered unemployed in Russia was reduced by 121,700 people since the start of the war, counting from March, to reach 561,100 people, Tass reports.
Officials noted that the situation on the labour market remains stable, with the lowest level of general unemployment recorded in the Yamalo-Nenets Autonomous District and the highest in the Republic of Ingushetia.
In 2023, 13.5bn rubles ($198mn) have been allocated for the implementation of additional measures on the labour market. According to the head of the Federal Labour and Employment Service, Mikhail Ivankov, 71 regions will participate in vocational training and additional vocational education for workers of industrial enterprises, 83 regions will participate in the organisation of public works, and 81 regions in the organisation of temporary employment.
51 RUSSIA Country Report February 2023 www.intellinews.com