Dissidents should be paid 13 months' salary for a year, otherwise our mindless unanimity will bring us to an even more hopeless state of stagnation. … - Boris Yeltsin

Russia has entered the year 1997 with a heavy burden of problems and the situation in the country is extremely complex, above all as concerns the economy. We have failed to stop the production slump and ensure the influx of investments. Society's belief in the ability of the power structures to stop the onslaught of crime is being undermined. It is ever more difficult to provide the armed forces with the essentials. The already low standard of living for the majority of Russian citizens continues to decline. People are suffering from delays in the payment of wages, pensions and benefits. All efforts to solve this problem have failed to yield tangible results

I should not interfere with this natural march of history. To hold onto power for another half-year, when the country has a strong man who is worthy of being president and with whom practically every Russian today ties his hopes for the future? Why should I interfere with him? Why wait still another half-year? No, that's not for me! It's simply not in my character!

Today it's important for me to tell you. The pain of each of you has called forth pain in me, in my heart. Sleepless nights, tormenting worries — about what needed to be done, so that people could live more easily and better. I did not have any more important task. I am leaving. I did all I could — not according to my health, but on the basis of all the problems. A new generation is relieving me, a generation of those who can do more and better. In accordance with the constitution, as I resign, I have signed a decree placing the duties of the president of Russia on the head of government, Vladimir Vladimirovich Putin. For three months, again in accordance with the constitution, he will be the head of state. And in three months, presidential elections will take place.