Acceleration of investment inflows, transformation of the labor market, efficiency of the real sector and rapid development of infrastructure can contribute to the elevation of the Russian economy to the top four largest economies in the world by 2030. This was stated by the Prime Minister Mikhail Mishustin, quoted by TASS.
"By 2030, Russia should be one of the four largest economies in the world in terms of purchasing power parity. Of course, we need to act quickly and in different directions," he noted.
According to him, the first step is to ensure the accelerated development of investments in capital-intensive businesses, as well as technological and industrial sovereignty projects.
"It is important to transform the labor market, to create a system that allows for more flexible retraining of personnel in accordance with the needs of our economy,", the Prime Minister noted.
Mishustin recalled that the unemployment rate in Russia has fallen to a historic low of 2.8%.
In addition, he believes it is key to increase the efficiency of the real sector and labor productivity.
"A corresponding national project is underway, which last year covered about 6,000 enterprises employing about 1.5 million people. It is essential to ensure rapid infrastructure development and to promote the export of non-resource and non-energy goods to the markets of friendly countries," he said.