Mishustin: in a little more than a year, the Russian economy will return to steady growth

“We expect that in a little more than a year the economy will return to steady growth.

And in 2024-2025, the gross domestic product will continue to grow, primarily due to an increase in domestic demand," TASS reports.

Mishustin clarified that in this case, it is important to strengthen technological sovereignty.

“We proceed from the fact that the sanctions will be long-term.

The main task is to protect the interests of our citizens and meet the needs of the economy,” the prime minister added.

On September 29, Finance Minister Anton Siluanov said that Russia's budget deficit would exceed 0.9% of GDP in light of the new challenges.

The Institute of the Russian Academy of Sciences gave a forecast of the growth rate of the Russian economy in the period up to 2050.