Putin: Russia's GDP may grow by 1-2% in 2023
Russian President Vladimir Putin predicted on Wednesday the country's gross domestic product (GDP) could grow by 1–2% in 2023, unlike, "according to experts," the rest of the global economy, which "will continue to slow down."
"I note that the Russian business community is actively operating in today's economic realities, and I would like to once again thank the leaders and teams of companies and organizations that have done a lot to overcome the severe consequences of illegitimate sanctions," Putin said in a telegram sent to the participants of the Saint Petersburg International Economic Forum, which was later published by the Kremlin.
"At the same time, it is important to make the most of the opportunities that are opening up and focus on achieving technological and financial sovereignty, building optimal cooperation and logistics, improving infrastructure, and reducing inequality and poverty," Putin highlighted.