In Tatarstan, at a joint meeting of the Operational Staff for ensuring socio-economic stability in the Republic of Tatarstan and the Board of the Ministry of Economy of the Republic of Tatarstan, the results of the socio-economic development of the Republic for 2024 were summed up and tasks for the current year were outlined.
On February 21 this year, Kazan hosted a joint meeting of the Operational Headquarters for Ensuring Socio-economic Stability in the Republic of Tatarstan and the Board of the Ministry of Economy of the Republic of Tatarstan, dedicated to the results of the socio-economic development of the republic in 2024 and the tasks to ensure balanced and effective economic development in 2025.
The meeting was attended by Rustam Minnikhanov, Head of the Republic of Tatarstan, Alexey Pesoshin, Prime Minister of the Republic of Tatarstan, Maxim Topilin, Chairman of the State Duma Committee on Economic Policy, Maxim Kolesnikov, First Deputy Minister of Economic Development of the Russian Federation, Yuri Zubov, Head of the Federal Service for Intellectual Property (Rospatent), Member of the Management Board, Deputy General Director Oleg Radionov, Director of the SME Corporation JSC, Director for the Coordination of Regional Programs at the Russian Export Center JSC, Dmitry Korolev, Deputy Director of the Department of Regional Industrial Policy at the Ministry of Industry and Trade of the Russian Federation, as well as heads of republican and municipal authorities, representatives of business and public organizations.
Prior to the meeting, the participants viewed the exhibition, where they got acquainted with the projects of Tatarstan high-tech companies, representatives of university technological entrepreneurship, supplier enterprises for the needs of their educational institutions, school entrepreneurs, etc.
Also within the framework of the event Sberbank and the Spiritual Administration of Muslims of the Republic of Tatarstan (SAM RT) have signed a cooperation agreement. The parties agreed to cooperate, promote and develop the partnership financing industry in the republic.
M. R. Shagiakhmetov, Deputy Prime Minister of the Republic of Tatarstan and Minister of Economy of the Republic of Tatarstan, noted in his speech that due to the prompt response to emerging problems and the high professionalism of the labor collectives, enterprises continue their development, increase production volumes, introduce domestic technologies, modernize and introduce new capacities.
By the end of 2024, the gross regional product (GRP) of the republic exceeded 5 trillion rubles with a growth rate of 103.9%.
The main contribution to economic growth was made by:
- manufacturing industries, primarily mechanical engineering and petrochemicals;
implementation of large-scale infrastructure projects, primarily in road construction;
- an increase in the volume of agricultural products, including due to federal and republican support measures
- high consumer activity.
Small and medium-sized businesses have made a significant contribution to the development of all industries. Their turnover in 2024 exceeded 2.8 trillion rubles.
The growth of the economy was influenced by the increase in production volumes of residents of special economic zones, industrial parks and priority development areas, as well as high investment activity and the implementation of investment projects.
According to estimates, the volume of investments in fixed assets by the end of 2024 amounted to 1.4 trillion rubles, with a growth rate of 112%.
Despite the generally positive dynamics of macro indicators by the end of 2024 in the current economic situation, Midkhat Shagiakhmetov noted, in order to minimize the impact of risks and challenges, it is necessary to continue implementing measures that promote economic growth, as well as take additional measures based on a detailed study of the current situation and maximize the use of available reserves and decisions taken at the federal level, in order to increase efficiency.
In conclusion, Midkhat Shagiakhmetov stressed the importance of close cooperation between government authorities, business and the public for the successful implementation of the planned plans, noting that all measures taken are aimed at sustainable economic growth and improving the quality of life of the population of the republic.