Russian President Vladimir Putin mentioned the nation’s economic system ought to develop sooner than the worldwide common whereas preserving monetary stability and controlling inflation. Talking at a authorities assembly on fifteenth September, he careworn that sturdy progress is essential to funding initiatives and nationwide programmes.
Putin known as for unlocking the potential of industries and areas, strengthening international ties, and utilizing superior applied sciences to attain larger progress.
He famous that efforts to curb inflation are working. Shopper value progress slowed from 8.8% in July to eight.1% in August, and Russia’s GDP rose 0.4% in July and 1.1% within the first seven months of 2025.
Nonetheless, he admitted that progress has slowed in comparison with the 4.3% growth seen in 2024 and questioned whether or not extra measures are wanted to spice up momentum.
Putin’s remarks come after US President Donald Trump known as Russia’s economic system “useless” and criticised India for getting Russian oil, saying each economies would “go down collectively.” The feedback additionally comply with plans by the US and EU to impose extra sanctions on Russia over the Ukraine warfare.
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