Putin tells Russians: Have more children and I'll give you tax cuts in bid to boost population


Putin, 71, spoke for 3 hours

Emily Fox

By Emily Fox

Published: 29/02/2024

- 11:49

Updated: 29/02/2024

- 11:50

Additional funds for regions with low birth rates

Russian President made a bid to increase population numbers today as he proposed generous tax allowances for families who had more than two children.

Vladimir Putin also pledged additional funds for regions with low birth rates, ahead of an election which he is very likely to win.


Putin addresses lawmakers and members of the Russian elite


Demographic concerns have plagued the Russian authorities for many years. Earlier this month, Putin urged Russian families to produce at least two children for the sake of the nation's ethnic survival, and three or more for it to develop and thrive.

Putin, 71, addressing lawmakers and other members of the country's elite, said at least 75 billion roubles ($825.51 million) would be allocated to regions with below average birth rates by 2030 and proposed prolonging preferential mortgage and maternity capital programmes until 2030.


Putin spoke to a large crowd of supporters


"Constant work aimed at improving the quality of life for families with children and supporting the birth rate is needed," Putin said, announcing the launch of a new national project called 'Family'.

Poverty remains an acute problem, he said, directly affecting 9% of the population and with the rate among large families above 30 per cent. The goal is for those rates to fall below 7% and 12% respectively by 2030, he said.

Putin family

Putin announced tax breaks for families with multiple children


Putin Russia

Putin also said he was ready for nuclear war in threat to Nato


Putin often makes pre-election promises, pledging more funds for groups such as pensioners, veterans and families that analysts see as a way for him to shore up support.

Russia suffered two decades of steady population decline following the collapse of the Soviet Union, exacerbated by chronic problems such as alcoholism.

The speech comes two weeks ahead of a presidential election in which Putin is expected to win another six-year term in a landslide.

Here are highlights from his speech, which was delivered to members of both houses of parliament, state officials, military commanders and soldiers.


"Today, when our homeland is defending its sovereignty and security and protecting the lives of our fellow countrymen in Donbas and Novorossiya (regions of Ukraine that Russia claims to have annexed), the decisive role in this righteous struggle belongs to our citizens, our unity, devotion to our native country and responsibility for its fate...

"We did not start this war in Donbas. As I have said many times, we will do everything to end it, to eradicate Nazism. To fulfill all the tasks of the special military operation. To protect the sovereignty and security of our citizens."

"The combat capabilities of the armed forces have increased multifold. Our units firmly hold the initiative (in Ukraine). They are confidently advancing in a number of operational directions, liberating new territories."


"Russia is ready for dialogue with the United States of America on issues of strategic stability."

"There have been more and more unsubstantiated accusations against Russia, for example that we are allegedly going to deploy nuclear weapons in space. Such innuendo, which is nothing but innuendo, is a ploy to draw us into negotiations on their terms, which are favourable only to the United States."

"The words of today's American authorities about their alleged interest in negotiations with us on strategic stability issues are demagoguery... they simply want to show their citizens and everyone else that they still rule the world."

Putin speech

Putin arrived to give his speech to the crowded hall


Putin health

Putin looked fit and healthy as he arrived for the speech despite concerns



"The West provoked the conflict in Ukraine, in the Middle East, in other regions of the world, and continues to lie, without any embarrassment, saying that Russia allegedly intends to attack Europe."

"There has been talk about the possibility of sending NATO military contingents to Ukraine ... the consequences for possible interventionists will be ... tragic."

"We also have weapons that can hit targets on their territory. All this really threatens a conflict with the use of nuclear weapons and the destruction of civilisation. Don't they get that?"

"It is seriously necessary to strengthen the groupings (of troops) in the western strategic direction to neutralise the threats associated with the next expansion of NATO to the east: taking Sweden and Finland into the alliance."


"Strategic nuclear forces are in a state of full readiness for guaranteed use."

"The hypersonic dagger aircraft system has not only been put into service, but is also being used with high efficiency to hit particularly important targets in the course of the special military operation."

"The hypersonic sea-based complex Zircon has also already been used in battle. The hypersonic units of the intercontinental range Avangard (and) the laser systems Peresvet are on combat duty. The tests of the Burevestnik unlimited-range cruise missile are being finalised. And the unmanned underwater vehicle Poseidon... The first mass-produced Sarmat heavy ballistic missiles have been delivered to the troops."

"The West is trying to drag us into an arms race. They are trying to wear us down, to repeat the trick they succeeded (in pulling off) with the Soviet Union in the 1980s.

"Therefore, our task is to develop the defence-industrial complex ... (and) the scientific, technological and industrial potential of the country."

Putin and the West

Putin spoke on the Russian political system and the West



"Russia's political system is one of the pillars of the country's sovereignty... We will not allow anyone to interfere in our internal affairs."

"The so-called West, with its colonial behaviour and habit of fomenting national conflicts around the world, seeks not just to hold back our development - instead of Russia, they want a dependent, declining, dying place where they can do whatever they want."


"Last year Russia's economy grew at a rate higher than the world economy... Today, Russia is the largest economy in Europe in terms of gross domestic product in terms of purchasing power parity, and the fifth largest in the world.

"Today, the share of non-resource industries in the growth structure safely exceeds 90% ... the economy is becoming more complex, more technological and therefore much more sustainable."


"The problem of poverty is still acute, it now directly affects more than 9% of the population. And among large families...the poverty rate is more than 30%.

"We need constant work to improve quality of life of families with children (and) support the birth rate. For this purpose, we will launch a new national project called 'Family'.

"I propose additional help to subjects of the Federation where the birth rate is below the national average... By the end of 2030 we will allocate at least 75 billion roubles ($825.56 million) to such regions."

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