Putin: Russian economy likely shrank 2.5% in 2022 but beating expectations
Putin, who was speaking at a meeting with top officials including the finance minister and central bank chief, said that the Russian economy likely shrunk by %2.5 in 2022 but beat expectations, while real wage growth needed to be stimulated.
- Economy
- Reuters
- Published Date: 02:46 | 17 January 2023
- Modified Date: 02:49 | 17 January 2023
President Vladimir Putin said on Tuesday that the Russian economy was likely to have shrunk by 2.5% in 2022, but that it was performing better than most experts had predicted.
Putin, who was speaking at a meeting with top officials including the finance minister and central bank chief, said real wage growth needed to be stimulated.