Putin's latest statement: This process is inevitable

Russian President Putin held an online meeting to study economic issues with government officials on the 12th. In his speech, Putin said that the decline in GDP in Russia has slowed to 4.3%, and economic activity has begun to rise. The budget from Russia from 2023 to 2025 should meet the country's priority and challenges. Russia is facing Western financial and technological aggression, but it does not play a role in Russia's economic lightning war. The "unfriendly country" aims for Russia's actions is impulsive, unprofessional, and unpredictable. Maintaining macroeconomic stability and sustainable development is the priority of Russia's economic policy, and the process of Russia's economy deodorizing the US is inevitable.

Putin pointed out that due to the implementation of a series of measures to support the economy, Russia successfully prevented economic recession and stabilized inflation. From January to August this year, the Russian federal budget surplus was 13.74 billion rubles (about 16.5 billion yuan). Most G20 countries. As of September 5, Russia's inflation rate is 14.1%, and it is expected to be controlled at about 12%by the end of this year. Russia's inflation rate declines will continue, and the economy is entering the growth track. Putin requires further creation conditions to adjust Russia's economic structure.

Source: CCTV News

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