Putin says Russia’s inflation to reach 4% in the near futureChristian Fernsby ▼ | June 29, 2020
Inflation in Russia will reach 4% in the near future, Russian President Vladimir Putin said in an interview with the program "Moscow. Kremlin. Putin."
President Vladimir Putin
Topics: Putin Russia
Progress in Russia’s economy over the past 20 years will help the country overcome the crisis over the coronavirus pandemic with minimum losses, Putin said.
"What was done in the past years enables us to hope that we will iron out this situation decently and with minimum losses," he said.
According to Putin, Russia’s economic reserves grew 50-fold in the past years. "Yes, we need to do a lot for diversifying economy, but this is happening," the president stressed. ■