Kirov Oblast was promised economic growth of 3.1%.

Kirov Oblast was promised economic growth of 3.1%.

      At a meeting of the government of Kirov Oblast, a forecast of the region’s socio-economic development through 2028 was presented. According to experts from the Ministry of Economic Development, the region’s economy will continue to grow over the next three years, although growth rates will be lower than in previous periods.

      By 2028 cumulative economic growth will total 3.1%. Industrial output at the end of 2025 will reach 650 billion rubles, and by the end of the forecast period will increase to 800 billion rubles. The main engine of growth will be the manufacturing industry, accounting for 90% of total output.

      Active development is also expected in the construction sector. From 2026 to 2028 about two million square meters of housing are planned to be commissioned in the oblast. The government does not mention other sectors — apparently, the forecasts for them were not as optimistic.

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Kirov Oblast was promised economic growth of 3.1%.

The authorities presented a forecast of the region's socio-economic development.