Additional sources of financing for the updated national development goals
National development goals are the basis of public policy and combine labour and material resources to address key development issues. They are approved by the decree of the President of the Russian Federation (hereinafter referred to as RF, Russia). For the first time, the RF’s national development...
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| Format: | Article |
| Language: | English |
| Published: |
Publishing House of the State University of Management
2025-01-01
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| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/5659 |
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| Summary: | National development goals are the basis of public policy and combine labour and material resources to address key development issues. They are approved by the decree of the President of the Russian Federation (hereinafter referred to as RF, Russia). For the first time, the RF’s national development goals were described in the Presidential Decree No. 204 and included a development perspective until 2024. In 2020, due to the challenges associated with the spread of COVID-19, the Decree of the President of the RF No. 474 clarified the list of national goals and extended their implementation period until 2030. The national development goals set by 2030 included such key areas as population preservation, human health and well-being; opportunities for self-realisation and talent development; comfortable and safe living environment; decent, effective work and successful entrepreneurship as well as digital transformation. In May 2024, the national goals were updated again by the Presidential Decree No. 309. The main reasons were ensuring sustainable economic and social development of the RF, improving living standards and increasing the population, ensuring state and public security as well as strengthening state and economic sovereignty. The purposes of this article are to review the updated national development goals, objectives and identify sources of their financing. As the study results, the activity of the Government of the RF in finding the sources of financing for the updated national projects is analysed. The main conclusion of the article is the justification of additional sources of financing to achieve the national development goals. |
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| ISSN: | 1816-4277 2686-8415 |