Reshetnikov announces recovery in Russia's economic growth rates

Reshetnikov announces recovery in Russia's economic growth rates
© Photo: Lev Lyubinov/ Vestnik Kavkaza

Russia's Economic Development Minister Maxim Reshetnikov has said that the Russian economy is overcoming the sluggish performance seen at the beginning of the year and that the recovery is continuing.

"Half-year statistics have confirmed that the economy is moving beyond the trends seen at the beginning of the year," Reshetnikov said.

He recalled that the recovery in growth rates first observed in March is continuing despite persistent external pressure and constraints in certain sectors.

"This is largely the result of the systematic efforts undertaken by the government and the Central Bank to support structural changes and enhance economic resilience," Reshetnikov said.

420 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.