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Putin said the Russian economy has escaped recession


Russian leader Vladimir Putin, during a speech at the close of the BRICS business forum, said how Russia managed to avoid a recession in the economy.

“For many years we have been pursuing a balanced macroeconomic policy in Russia, taking a responsible attitude to public finances, maintaining the stability of the banking and credit markets, and striving to help strengthen key sectors of the economy. Thanks to this, we were able to keep the country's economy from sliding into a recession, ”he said.

Putin also said that unfair competition and protectionism are widely used in the world.

RT broadcasted live

Source: russiart

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