economy
March 24, 2026
IN BRIEF: President Putin’s key statements at a meeting on economic issues
The president said that Russia needs to return to a path of sustainable economic growth
TL;DR
- Russian economy shows negative dynamics at the start of the year.
- President Putin calls for a return to sustainable economic growth.
- Effective macroeconomic policy requires proactive response to external risks and global market fluctuations.
- Sustainable growth must be accompanied by slowing inflation and labor market stability.
- Unemployment remains low at 2.2%, and inflation is under 6% year-on-year.
- Oil and gas companies should use growing revenues to pay down domestic bank debt.
- Balanced decisions on short-term oil and gas revenues are needed to ensure long-term budget balance.
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