Putin paves way to remain in power till 2036

MOSCOW: Russian President Vladimir Putin on Monday gave final approval to legislation allowing him to hold office for two additional six-year terms, giving himself the possibility to stay in power until 2036.The 68-year-old Russian leader, who has already been in power for more than two decades, signed off on the bill Monday, according to a copy posted on the government´s legal information portal.

Putin proposed the change last year as part of constitutional reforms that Russians overwhelmingly backed in a vote in July. Lawmakers approved the bill last month. The legislation will reset presidential term limits, allowing Putin to run in elections again after his current and second consecutive term expires in 2024.

Putin was first elected president in 2000 and served two consecutive four-year terms. His ally Dmitry Medvedev took his place in 2008, which critics saw as a way around Russia´s limit on two consecutive terms for presidents. While in office, Medvedev signed off on legislation extending terms to six years starting with the next president. Putin then returned to the Kremlin in 2012 and won re-election in 2018.