Putin predicted a recession in the economy in Russia this year at the level of 2.8-2.9%

“We will have a recession in the economy this year, approximately 2.8-2.9%.

There will be, but industrial production, processing are approximately at the same level, the construction sector has grown by more than 5% ... agriculture has doubled and the trend is growing,” he said.

Putin also added that the volume of lending to both the corporate sector and the consumer sector is increasing in Russia.

Earlier, the Russian leader said that Russia had passed the peak of the difficulties caused by the imposed sanctions.