After a resounding victory on the Russian front, Putin's planned national address on the last day of the month became a high-profile event that threatens to become a page in history and determine Russia's future national fortunes.
The Kremlin revealed that Putin** will deliver his state of the nation address to the federal parliament on the last day of the month, February 29. Although the Kremlin did not disclose the theme of the speech, internal sources revealed that Putin will focus on Russia's social, economic, technological and pressing demographic issues. The Russia-Ukraine conflict will also be a key topic.
According to the Russian constitution, the State of the Union address is delivered every year, but this year's timing is extremely important.
On the one hand, February 29 is the second anniversary of the outbreak of the Russia-Ukraine conflict; The upcoming March 17 is Russia's new *** Putin chose to deliver his State of the Union address at this point in time, which is not only a summary of the past six years, but also a plan for the next six years, and also an explanation to the people. Putin also needs to summarize the performance of the Russian army in the "special military operation" over the past two years.
On the economic front, Russia's GDP grew by 3 percent last year, despite multiple rounds of Western sanctions6%, a significant improvement from 2022.
This is mainly due to the relatively low base of GDP in Russia in 2022 and the negative economic growth, so as long as it is functioning normally, the GDP growth rate can turn from negative to positive; The growth of Russia's military spending in 2023 has given a significant boost to domestic consumption and employment. Russia still needs to find new sources of economic growth, because in addition to external sanctions, the domestic economy is facing challenges such as industrial imbalances, inflationary pressures and labor shortages. In his State of the Union address, Putin needs to answer how to solve these problems.
The demographic issue is likely to be another key focus for Putin. Putin is likely to emphasize the "extended family" policy, which was signed in January this year and defines families with three or more children as "extended families" with additional social benefits. Russia is facing a serious population decline, a low birth rate, and a labor shortage, which is directly related to Russia's long-term future.
Finally, there is the Russia-Ukraine conflict. Russia has regained the initiative on the battlefield, and Ukraine is gradually moving to the "defensive phase".
Russian troops managed to capture the strategic fortress of Avadiivka and advance in the Kherson direction. Although the Russian army has the upper hand, Putin needs to answer the question of when to end the conflict between Russia and Ukraine. Given the current situation, this conflict is likely to continue for a long time. In his State of the Union address, Putin needs to answer these questions and give the people a clear explanation. Overall, Putin is likely to take stock of past achievements on an optimistic note, propose new plans, and increase pressure on Ukraine. We'll have to wait and see how Putin responds to this set of key questions.
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