Upward trend in Russian economy continues – Putin
The Russian economy has recovered and is growing, according to President Vladimir Putin. Last year, Russian GDP grew after the recession of 2015 and 2016, RT reports.
“The positive dynamic in the Russian economy goes on. We have a lower than expected budget deficit; our gold and foreign exchange reserves are growing. The Russian economy is on the rise, and this trend continues,” Putin said on Wednesday.
The World Bank data says the Russian economy grew 1.7 percent last year. The same figures can be expected this year as well, the forecast says.