Putin predicts Russia’s economy to over grow by 3 percent

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HANDOUT - 15 April 2021, Russia, Novo-Ogaryovo: Russian President Vladimir Putin attends a meeting of the State Council Presidium and the Agency for Strategic Initiatives, held via video conference, at the Novo-Ogaryovo state residence. Photo: -/Kremlin/dpa - ATTENTION: editorial use only and only if the credit mentioned above is referenced in full
HANDOUT - 15 April 2021, Russia, Novo-Ogaryovo: Russian President Vladimir Putin attends a meeting of the State Council Presidium and the Agency for Strategic Initiatives, held via video conference, at the Novo-Ogaryovo state residence. Photo: -/Kremlin/dpa - ATTENTION: editorial use only and only if the credit mentioned above is referenced in full

The Russian economy will grow by over 3 percent in 2023, Russian President Vladimir Putin said Friday during his speech at the St. Petersburg International Cultural Forum.

“Just yesterday, the head of the government (Prime Minister Mikhail Mishustin) proudly announced that our economy has grown by 5.5 percent over the past month, and this year it will be over 3 percent,” he said.

Putin noted that previously there were more cautious economic growth forecasts such as 2.7 percent, 2.5 percent, or 2.8 percent, however it is now possible to say with certainty that the growth would be more than 3 percent.

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