Russia’s economic growth rates expected to be around 4% by the end of 2021, according to Putin – business & economy
ST. PETERSBURG, June 4. / TASS /. Russia’s economy has demonstrated immunity to external shocks during the coronavirus pandemic, President Vladimir Putin said at the St. Petersburg International Economic Forum on Friday, adding that the country’s GDP growth is expected to reach around 4%. by the end of this year.
“Beyond all the difficulties, the Russian economy has shown immunity to external shocks, in 2020 the contraction of Russian GDP was less than that of the world economy, while at the end of this year we will achieve growth rates of around 4%, ”he said. in a meeting with representatives of the global investment community and foreign companies producing the Sputnik V coronavirus vaccine.
“It has also been possible to achieve such results thanks to the preparatory work carried out in previous years”, as well as “the work of many people in industry, agriculture and social, health and science” , Putin said.
The St. Petersburg International Economic Forum organized by the Roscongress Foundation will take place from June 2-5. The theme of this year’s forum is “Together Again – Economics of the New Reality”. TASS is the information partner and official photo hosting agency of SPIEF.