Putin To Focus On Social, Economic Reforms In 4th Presidential Term

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Dmitry Medvedev, 52, chaired the Russian government for the duration of Putin's previous presidential term, from 2012.

Acting Prime Minister Karen Karapetyan sent a congratulatory message to RF Premier Dmitry Medvedev on the occasion of the 73rd anniversary of Victory in the Great Patriotic War.

Medvedev, 42, in 2005 succeeded Putin, becoming the third and youngest Russian president to take office, according to the report.

Deputy Prime Minister for sports, tourism and youth policy Vitaly Mutko Medvedev proposed to appoint as his Deputy for construction and regional policy.

"Judging from the details announced so far, the line-up of the government shows significant elements of continuity", VTB Capital commented on May 8, seeing Siluanov's promotion as sign of macroeconomic stability and responsible fiscal management remaining high on the list of the priorities in the next Putin's term. Former Deputy Defense Minister Yuri Borisov is poised to become deputy PM in charge of the defense industry.

MOSCOW: secured a fresh term as Russian prime minister on Tuesday, as the lower house of parliament voted overwhelmingly for President 's long-term ally to retain his post. "This [government] composition [is] to go with the flow", unnamed federal official told the Bell.

Medvedev's leadership has focused on the "modernization", and economic development of Russian Federation, and the decision follows Putin's announcement of a strategic development plan to guide Russia's economic and technological progress through 2024.

Putin's goals are ambitious and projected to cost around $126 billion.

In a ceremony in an ornate Kremlin hall, Mr Putin said improving Russia's economy following a recession partly linked to worldwide sanctions would be a primary goal of his next six-year term.

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