“The economy is smoothly adapting to new challenges, macroeconomic stability is maintained, all planned social programs are being implemented, the administrative burden is being consistently reduced and conditions for project implementation are improving,” TASS quoted him as saying.
In his opinion, “in general, we can say that at this stage the economy is coping with the sanctions pressure.”
Earlier, Assistant to the President for International Affairs Yuri Ushakov noted that at the St. Petersburg International Economic Forum (SPIEF), Russian leader Vladimir Putin would devote most of his speech to the economic development of Russia.