Russia Outperforming Many G20 Members, Despite Sanctions – Putin

The stability of the economy is due to the efforts of the government and business, the president has said

Russia is showing better economic results than many other G20 nations despite mounting sanctions pressure, President Vladimir Putin has stated. He made the remarks on Thursday at a press conference following a meeting of the Russian State Council, a top advisory body.

“As for the economy, despite the collapse, disarray and catastrophe predicted for us in the economic sphere, nothing of the kind has happened. Moreover, Russia demonstrates much better results than many countries of the G20, and demonstrates it consistently,” Putin said, adding that he was referring to macroeconomic indicators.

This has been achieved thanks to the efforts of those in government, business, and other economic actors, the president stressed.

“The labor market is stable. State finances are stable, there are no concerning moments there either. All this is not…