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Russian President Vladimir Putin gives his annual address to a joint session of parliament and the government at the Kremlin on December 1.
Russian President Vladimir Putin gives his annual address to a joint session of parliament and the government at the Kremlin on December 1.

Live Blog: Putin Addresses the Nation

Russian President Vladimir Putin has given his annual address to a joint session of parliament and the government in the Kremlin.

-- In his annual address to a joint session of parliament and the government in the Kremlin, Russian President Vladimir Putin has said the country is ready to overcome the difficulties and problems it is facing.

-- Putin praised improvements in high-tech medical services around the country, but said that "problems in health care remain."

-- Putin said domestic issues, including lack of competition, were not the main problem hampering the country's economy. He also said the government will provide direct assistance to industrial sectors that need it.

* NOTE: Times are given according to local time in Moscow (GMT/UTC +3)

09:44 1.12.2016

Putin says economy is being "systematically" restructured.

09:44 1.12.2016
09:41 1.12.2016

Putin says Russian IT exports have doubled over last five years to $7 billion.

09:41 1.12.2016

“Judging by the address, the only thing really growing in the country is Kadyrov’s beard.”

09:41 1.12.2016

Putin notes that the percentage of civilian production by defense industries is increasing despite state rearmament orders.

09:39 1.12.2016
09:39 1.12.2016

Putin says defense industries have grown and productivity has improved substantially.

09:38 1.12.2016

Putin says that agricultural production increased in 2016 and will grow further next year.

09:38 1.12.2016

“Everything is fine!”

09:37 1.12.2016

Putin says Russia's countersanctions against the West have helped domestic industries but that won't last forever.

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