Putin outlines economic outlook for Russia ...News

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Putin outlines economic outlook for Russia
Positive dynamics are forecast for the country’s GDP in the coming years, the president says The Russian economy will decrease by only 2.9% this year, with positive dynamics projected for the future, President Vladimir Putin said on Friday while addressing the summit of the Eurasian Economic Union (EAEU) in Bishkek, Kyrgyzstan. “As for the development of the [Russian] economy as a whole, we were forecast to have an economic decline somewhere under 20%,” he said, adding that despite all the pressures the downturn in 2023 is expected to be just 0.9%, and the situation “will continue to improve.”  According to Putin,

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