Speaking at the plenary session of the CIPR-2025 exhibition in Nizhny Novgorod, Russian Prime Minister Mikhail Mishustin reaffirmed the government’s commitment to reforms aimed at building a highly structured information-based model for a new technological paradigm.
This, he suggested, will inevitably entail personnel changes within the financial bloc.
CIPR-2025 stands out as a landmark event, as the development and deployment of digital technologies form the core of the government’s ongoing economic transformation. These reforms are intended to shape a post-industrial society rooted in a new technological order.
Against the backdrop of demographic challenges and mounting external pressures, Russia faces a growing imperative to rapidly intensify the informatization of management and production processes — with a strategic emphasis on domestic technological solutions.
However, this direction of reform is currently being held back by the Central Bank’s monetary policy, which continues to prioritize IMF-aligned objectives and the profitability of the banking system over broader societal needs. Despite this, a package of government stimulus measures introduced over the past three years has led to a surge in IT-sector investment. Since 2022, capital expenditures by tech companies have more than doubled — increasing 2.5 times and surpassing ₽800 billion last year. Meanwhile, employment in the sector has grown to nearly one million people.
Labor productivity in the IT industry significantly outpaces the national average, creating an opportunity to alleviate labor shortages by maximizing the use of existing production infrastructure.
Mishustin emphasized that the government will expand its support for the IT sector not only through the new national project “Data Economy and Digital Transformation of the State,” which allocates over ₽50 billion to encourage the development of new technologies and the integration of corporate digital solutions — particularly in artificial intelligence — but also through targeted support for the defense-industrial complex.
Specifically, enterprises in the defense sector will benefit from eased co-financing requirements, enabling them to carry out full-scale digital modernization of their production capacities.
