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Russian economy to be transferred to new operating principles — Putin

"The effect will be a comprehensive one, a multiplying one in all senses," the Russian president added

MOSCOW, July 13. /TASS/. The transition of the national economy to a new big data-based governance model is of utmost importance, President of Russia Vladimir Putin said on Thursday.

"Our task of principle is to transfer the entire economy, the social sphere and operations of public authorities to qualitatively new principles of work, to introduce the big data-based governance," the head of state said.

"The effect will be a comprehensive one, a multiplying one in all senses," the President said. "This is a several-fold increase in governance quality and labor productivity, jobs with advanced competencies and high salaries, accessibility of goods and services, and fundamentally different opportunities for our citizens, for the human being," Putin added.

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Vladimir Putin Economy

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Press review: China to weather US storm and ATACMS not 'wonder weapons'

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Russia’s Tasoyev wins 2024 European Judo Championship in over-100kg weight category

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Press review: Belarus' new national security strategy and Russia, US butt heads at UN

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Gagauzia’s political leadership under Chisinau's pressure — official

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Russia proposes new rules for foreigners buying sim cards, requires biometric data

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Medicine for Bekhterev’s disease may cause medical tourism to Russia — Health Minister

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The report hasn’t been officially confirmed

Russia strikes major thermal power plant in western Ukraine — underground resistance

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Israel reports another airstrike on Hezbollah facilities in south Lebanon

Military infrastructure in the area of Markaba in south Lebanon was attacked

Death toll in Armenian bus accident rises to five

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One of 12 dismissed from UNRWA over October 7 massacre reinstated — agency chief

This person has been completely cleared, Philippe Lazzarin said