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Russian President Vladimir Putin issued his new “May Decree,” which he traditionally issues to guide the government’s national development goals for the next year. This decree is titled “On the National Development Goals of the Russian Federation until 2030 and for a Longer Term until 2036,” and according to TASS it calls for “Russia to join the ranks of the top four global economies” by 2030. To achieve this, it sets seven national developments goals: “Population preservation, health strengthening and improvement of welfare of the people and family support,” “Unlocking the potential of every individual, fostering of his or her talents and raising patriotic and socially responsible individuals,” “Comfortable and safe living environment,” “Environmental welfare,” “Sustainable and vigorous economy,” “Technological leadership,” and “Digital transformation of state and municipal administration, economy and social sphere.”

The May Decree then runs through specifics, which importantly begin by emphasizing scientific R&D:

“To join ranks of ten leading countries by the volume of research and development and increases costs for them up to 2% of GDP by 2030.

“To reduce the share of imports in GDP to 17% and scale up the share of domestic high-technology goods and services by 1.5 times.

“Fixed capital investments should grow by 60% by 2030 from the 2020 level.

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