Regional Development: An Economy of Possibilities

04 Jun , 12:00–13:15
Delivering on National Development Targets
Pavilion G, conference hall G3

The pandemic has forced every region to adapt rapidly to extreme conditions, drastically increasing social spending. But why are the regions’ paths to recovery so different? Is it due to poorly synchronized actions and a lack of funding or ineffective management? Can interbudgetary policies play a role in economic growth and how can the long-term financial stability of regional and municipal finances be ensured? How can the stability of the budgetary system be preserved and the effectiveness of budgetary spending be increased? Is the potential of the regions sufficient to meet national goals? Which is the priority: supporting businesses or regions? Manual control or budgetary federalism? Will the new support measures to develop regional investment help stimulate business activity?

Andrey Makarov, Chairman of the Committee on Budget and Taxes, The State Duma of the Federal Assembly of the Russian Federation

Vladimir Efimov, Deputy Mayor of the City of Moscow for Economic Policy and Property and Land Relations
Maksim Reshetnikov, Minister of Economic Development of the Russian Federation
Anton Siluanov, Minister of Finance of the Russian Federation
Alexey Texler, Governor of Chelyabinsk Region