Putin set to be inaugurated for fourth term as President of Russia

Putin has struggled to revive an economy that crashed after Moscow was hit with Western sanctions. Putin is expected to promise higher welfare and social spending.

His key objectives for the next decade are improving living conditions, increasing wages for the low-paid, reducing poverty rates, implementing strategic plans for integrated urban-rural development, while maintaining modern armed forces to strengthen national security.

Besides, the government needs to upgrade the employment structure that has become inefficient and archaic. According to experts, domestic policy would play an increasingly important role during Putin's fourth term in office.