Vladimir Putin took an oath of office when he was was sworn in as Russian president on Monday for his fourth term. At a ceremony held in an ornate Kremlin hall, Putin vowed to pursue an economic agenda that would better the general standard of living.
Putin said emphasis will be placed on Russia’s economy following a recession partly linked to international sanctions.
“Now, we must use all existing possibilities, first of all for resolving internal urgent tasks of development, for economic and technological breakthroughs, for raising competitiveness in those spheres that determine the future,” he said.
In March, Putin tallied 77% of the presidential votes.
According to Time.com, Putin has led Russia for all of the 21st century. He stepped down from the presidency in 2008 because of term limits, but was named prime minister and continued to steer the country until he returned as president in 2012.