Putin instructed the government and the Central Bank to restore economic growth rates in 2026 / Economic news of Krasnoyarsk and the Krasnoyarsk Territory / Newslab.Ru

Russian President Vladimir Putin instructed the government and the Bank of Russia to restore economic growth rates in 2026.

The corresponding instruction is contained in the list of results of the meeting of the Council for Strategic Development and National Projects, held on December 8, 2025.

“The government, together with the Bank of Russia and the executive bodies of the constituent entities of the Russian Federation, will ensure […] restoring economic growth rates, investment activity and solving structural problems in sectors of the economy, taking into account the need to maintain the inflation rate as of the end of 2026 in the range corresponding to the forecast of the Bank of Russia (4–5%),” the document says.

Tasks have also been set to increase labor productivity, accelerate the introduction of promising technologies, “whitewash” certain sectors of the economy, change the structure of imports and overcome negative demographic trends. Reports on the execution of instructions are expected until June 1, 2026.

According to Rosstat, Russia's GDP growth in the third quarter of 2025 slowed to 0.6% in annual terms after 1.1% in the second. Inflation expectations of the population in December rose to 13.7%, according to an InFOM survey.