Putin called for writing off two-thirds of regions' debts on budget loans. According to him, according to available estimates, this will allow them to save about 200 billion rubles annually from 2025 to 2028.

Earlier, Putin said that the capitalization of the Russian stock market should double by 2030. He also noted that the Russian economy is becoming more complex, technologically advanced and non-resource-based. RT is broadcasting the message to the Russian Federal Assembly on Monday, November 19.