Putin to seek another presidential term in Russia after over two decades in power

Russian President Vladimir Putin has sought another presidential term in the country, extending his rule by another six years as he enjoys widespread support despite the Russia-Ukraine war. Putin has served over two decades as Russian President, from 2000 to 2008 and then from 2012 onwards.

"I will run for the post of president," said Putin as shown in television footage at an event in Georgievsky Palace, where he awarded Ukraine war veterans with the Hero of Russia gold star, Moscow's highest military honour.

The development came after Russian lawmakers on Thursday announced the date of the country’s 2024 presidential election for March 17. Members of the Federation Council, Russia’s upper house of parliament, voted unanimously to approve a decree setting the date and Putin was widely expected to contest for a fifth term.

Putin's image stays intact despite disruptive events

The 71-year-old Kremlin leader changed constitutional reforms that allowed him to remain in power until 2036. Having established tight control over Russia’s political system, Putin’s victory in the March election is all but assured. Prominent critics who could challenge him on the ballot are either in jail or living abroad, and most independent media have been banned.

However, Putin's reign has come with some flaws, notably a costly war with Ukraine that killed thousands of his countrymen and repeated attacks inside Russia, including one on Kremlin itself. A failed rebellion last summer by mercenary chief Yevgeny Prigozhin also raised widespread speculation that Putin could be losing his grip.

However, Prigozhin's death in a mysterious plane crash two months later reinforced the view that Putin was in absolute control. About 80% of the populace approves of his performance, according to the independent pollster Levada Center.

The upcoming elections will also mark the first time that residents of the occupied Ukrainian regions of Donetsk, Luhansk, Zaporizhzhia and Kherson, occupied by Russia during the Ukraine conflict, will participate in the presidential elections.