Russia’s GDP has once again attained the level it had prior to the imposition of Ukraine-related sanctions, President Vladimir Putin said on Monday at a government meeting on the draft federal budget for 2024-2026.
“In general, we can say that the recovery stage of the Russian economy has been completed. We have withstood absolutely unprecedented external pressure, the sanctions onslaught of some ruling elites in the so-called Western bloc,” Putin said.
He added that Russia’s gross domestic product had now reached the level it had in 2021, and that it was important to create conditions for further stable and long-term development.
Putin noted that in April, GDP growth was forecast to be 1.2%, “but in fact, we have already surpassed this target, and by the end of the year, GDP growth may reach the level of 2.5%, or even 2.8%,” he predicted.
The president also urged
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