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On 29 February 2024, President Vladimir Putin announced the launch of a national project, Data Economy, aimed at creating digital platforms across all key sectors of the economy by 2030. The project, which will have a funding of over RUB 700 billion over the next six years, is aimed at providing the state with opportunities for planning economic development and managing national programs, leveraging digital platforms for effective management of economic development across various sectors. The project aims to support the development of a legal framework to enable the establishment of computing and data storage infrastructure utilising locally sourced equipment, technologies, and software, including cloud platforms, data centres, and computational resources. Further, the plan aims to achieve technological sovereignty in the technological sector and data economy.
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