Mikhail Mishustin and Igor Shuvalov Discuss Development Institutions’ Contribution to National Goals

Prime Minister Mikhail Mishustin has met with VEB.RF’s Chairman Igor Shuvalov.

The meeting focused on the reform of the Supervisory Board of the State Development Corporation. It will be headed by Dmitry Grigorenko, Deputy Prime Minister and Chief of the Government Staff. The Supervisory Board will also include First Deputy Chief of the Government Staff Valery Sidorenko. The respective order has been signed.

“I hope that such changes will increase the coordination of VEB.RF's activities and allow making swift decisions on important projects supervised by the development institution. This includes taking into account the government's policy aimed at increasing investment in the real economy, infrastructure and promoting exports,” Mikhail Mishustin emphasised.

According to the Prime Minister, the changes are prompted by the federal law, which recently came into effect. This law updated certain powers of VEB.RF’s Supervisory Board, including those related to VEB.RF’s participation in projects that are of high priority significance to the Russian economy.

VEB.RF’s Chairman reported on VEB.RF's current work and future plans, including the development of digital technologies in the urban economy. Special attention was paid to VEB.RF's participation in the Government's work to attract investment in the national projects.

Mikhail Mishustin reminded that the Government is currently formulating the national development goals for the next ten years, which were defined by the President. “We pay utmost importance to this area of business. I expect that VEB.RF will actively join this effort,” the Prime Minister said.

He instructed to create a mechanism to ensure effective coordination of development institutions to achieve the 2030 development goals.

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