Medvedev modernisation programme

The Medvedev modernisation programme was an initiative launched by President of Russia Dmitry Medvedev in 2009, which aimed at modernising Russia's economy and society, decreasing the country's dependency on oil and gas revenues and creating a diversified economy based on high technology and innovation.

[2] After the near total collapse in 1998, the Russian economy recovered as a result of high oil prices during the presidency of Vladimir Putin, but remained heavily dependent on energy and raw material exports.

[4] Dmitry Medvedev, elected as president in 2008, made economic modernisation his prime presidential agenda.

[7] He described the Russian society as "archaic" and "paternalistic" and said that the country can no longer rely on the achievements of the past to secure a prosperous future.

[8] In Medvedev's view, Russia should aim for a modern, diversified economy based on high technology and innovation.

The following state projects were initiated in this area:[17] The funding of Russian Federal Space Agency Roscosmos has almost tripled from 2007, standing at $3.1 billion in 2011.

[citation needed] The specific major state projects in the area of medical technology and pharmaceuticals were not defined or announced.