President Vladimir Putin announced during a speech at the Eastern Economic Forum that Russian authorities are transitioning to the implementation of an updated strategy for the development of the Russian Far East. ^[1] Russian President Vladimir Putin said at the plenary session of the Eastern Economic Forum on September 3, 2026, that around 25 trillion rubles ($287 billion) in capital investments have been drawn to the Russian Far East over the past 11 years. ^[2] Vladimir Putin, President of Russia, stated on September 3, 2026, at the Eastern Economic Forum that maintaining a high base interest rate is a conscious decision aimed at preserving macroeconomic stability. ^[3] The President stated that preferential regimes, including various business incentives in the port of Vladivostok, on Russky Island, and a special tax regime on the Kuril Islands, have helped accelerate the region's development. ^[4] The updated strategy for the Russian Far East will be designed for the next ten years and represents a new stage in the development of this key region for Russia. ^[5] Putin noted that investment activity, industrial growth, and construction in the Russian Far East consistently surpass the national average. ^[6] Vladimir Putin stated that the gross regional product of the Far East has more than tripled over the past 11 years. ^[7] According to the Central Bank's scenarios, the average base interest rate in Russia is expected to be 14.5-14.6% in 2026, with inflation projected between 6% and 7%. ^[8] Putin asserted that macroeconomic stability is a necessary condition for attracting investments, questioning what investment projects could exist if inflation were double-digit. ^[9] The Central Bank of Russia presented four scenarios for the economy's development until 2029: baseline, disinflationary, inflationary, and risky. ^[10] Putin cited South Korea's total fertility rate of 0.7 as significantly lower than Russia's, noting that Japan's rate is also similar. ^[11] Putin proposed extending the policy providing financial support to families with a third child in the Russian Far East region until 2030. ^[12]