Russian Economy Stands Firm Against External Threats

During the annual end-of-the-year conference, Russian President Vladimir Putin emphasized that the country's economy remains stable despite external threats. Putin highlighted the anticipated economic growth rate of 3.9% to 4% for this year, positioning Russia ahead of major economies like Germany and Japan.

The Russian leader underscored the paramount importance of economic figures for the nation, asserting that everything from living standards to stability and defense capabilities hinges on a robust economy.

Regarding inflation, Putin acknowledged lingering issues, with the current rate hovering around 9.3%. He also noted that while the economy might be slightly "overheated," the government and the Central Bank of Russia are actively working to moderate its pace.