The country’s GDP is projected to increase by 3% this year, driven by strong domestic demand Russia’s economy could perform even better than the current forecasts, Finance Minister Anton Siluanov predicted on Tuesday. According to him, the growth of the country’s gross domestic product (GDP) could reach 3% by the end of the year due to a “responsible” economic policy and strong domestic demand. Siluanov noted that Western sanctions since 2014 have led to Russia’s self-sufficiency in food security, adding that the country will continue to “invest” in its “economic independence.” “Russia is a global economic player
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