Putin said that Russia passed 2022 quite confidently
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Russia passed the outgoing 2022 quite confidently, against the background of the current situation, the authorities have no doubts about the implementation of their plans for the next year. This statement was made by Russian President Vladimir Putin at a press conference.
“Ideal situations never happen, the ideal situation is only in plans, on paper. You always want something more, but in general, I think that Russia has passed this year quite confidently, ” emphasized head of state.
He added that at the moment there are no concerns that the current situation will interfere with the implementation of plans for the future, including for 2023.
On December 15, during a meeting of the Council for Strategic Development and National Projects, Putin declared about the unjustified calculations of the West to “crush” the Russian economy with the help of sanctions. According to him, Western countries failed to collapse the ruble and “provoke destructive inflation” due to the concentration of Russian business and the solidarity of the country’s citizens.
Putin also said that the Russian ruble became one of the strongest currencies in the world. He added that at the end of the year, GDP is expected to decline by 2.5%, although back in the spring the Russian economy was predicted to have a “collapse of 20%”.
In October, the Bank of Russia improved its GDP forecast for 2022. The regulator expects GDP to decline by 3-3.5% by the end of the year. In 2023, the decline could range from 1 to 4%. At the same time, in 2024-2025. growth of the Russian economy is projected at the level of 1.5-2.5% annually.
At the same time, the Ministry of Economic Development expects a 2.9% decline in GDP in 2022, and 0.8% in 2023. At the same time, in 2024-2025. the ministry predicts GDP growth of 2.6% per year. By the end of the year, the ministry expects inflation at 12.4%. It is assumed that in 2023 consumer price growth will be about 5.5%, and in the future it will reach the target level of 4%.
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