Russian President Vladimir Putin’s estimate for Gross Domestic Product growth by the end of 2025 is 1 %, compared to 4.1 % in 2024.

According to the Russian leader, the nation’s inflation will remain stable, not exceeding 6 %, which is within the national plan.

Putin stated this in a live televised address, adding: “The conditions and opportunities have now been created to begin gradually increasing economic activity. This will be achieved while maintaining low unemployment and, of course, controlled inflation, which, according to the Central Bank of Russia’s forecasts for next year, will be between 4 % and 5 %.”

Putin emphasized that they already have a plan for profound economic reforms by 2030, estimating that by the end of 2026 they will achieve a national economic growth rate no lower than the global average.

M.Pino

Source: bancaynegocios

(Reference image source: Anastasia Kochemasova on Unsplash)

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La entrada Putin estimates GDP growth of 1 % by the end of 2025 apareció primero en Bitfinance.