Putin: Russian economy confidently returning to target indicators
Quick Look
President Vladimir Putin stated that the Russian economy is "confidently returning to target indicators" with a 5.4% growth, dismissing rumors of major problems as "highly exaggerated" and urging assessment based on actual figures and trends.
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Why It Matters
President Vladimir Putin met with heads of leading global news agencies in St. Petersburg. During the meeting, he discussed the state of the Russian economy.
ST. PETERSBURG, June 4. /TASS/. The Russian economy demonstrates sound growth and is confidently returning to target indicators, President Vladimir Putin said at the meeting with heads of leading global news agencies hosted by TASS.
"The economy is returning, not fully yet, but confidently returning to target indicators. 5.4% [of economic growth] is already a good result," the president said.
Rumors about major problems in the Russian economy are highly exaggerated, Putin added. "Everything should be assessed by actual figures, actual trends, the real state of affairs, and the real economic condition in this case," he added.
Open Questions
- What are the specific "target indicators" the Russian economy is returning to?
- What are the primary sources of the reported 5.4% economic growth?
- Which specific "rumors" about major problems in the Russian economy did Putin address?
- What is the methodology used by TASS or the Russian government to measure economic growth and trends?
