Mishustin pointed to the systematic financing of Russian projects by investors

Despite external pressure, investors continue to systematically finance Russian projects. This was announced on April 22 by Russian Prime Minister Mikhail Mishustin during a strategic session on the investment climate and target business models.

During the event, he spoke about the measures taken to stimulate entrepreneurial initiative and facilitate business conditions.

For example, the government of the Russian Federation is working to reduce the administrative burden and reform control activities, helping to reduce the financial costs of entrepreneurs.

Mishustin noted that on behalf of Russian President Vladimir Putin, a tax deduction was established that allows reducing income tax on capital expenditures in investment projects.

"Despite external pressure, investors continue to systematically finance Russian projects. In particular, investments in fixed assets increased by almost 7.5% in real terms last year. This predetermined the dynamics of the economy as a whole," the head of government stressed.

Development economics: Mishustin told the State Duma about overcoming the 200 trillion mark of GDP

During his report to the State Duma, the Prime Minister commented on the achievement of the main goals and answered questions from deputies.

Mishustin reported on March 26 that by the end of 2024, the Russian economy is growing for the second year in a row, outpacing the global average growth rate and significantly exceeding the indicators of European countries. According to him, such success is primarily the merit of citizens, many domestic companies and the result of the accurate fulfillment of the instructions of the President of the Russian Federation.