Russia avoided critical economic contraction in face of coronavirus crisis – Putin ...News

Economy by : (Russia Today) -
The coronavirus pandemic did not result in a critical downturn for the Russian economy thanks to the support measures implemented by the government, President Vladimir Putin has stated. Despite the difficulties, all the macroeconomic indicators remained stable and the country continued to implement major infrastructure projects this year, the Russian leader said during a meeting with the government on Thursday.  “We prevented a critical contraction, which could have considerably set back the Russian economy,” he said, adding that the government implemented systemic support measures for key sectors. “We’ve managed to solve the issue of

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