Putin noted that Russia is aware of people who give tips on sanctions to Russia’s “ill-wishers,“ hinting at tycoons that had earned their fortunes in the country but then left it and now live in the West. theSun theSundaily putin Russia economy
: Russia’s economy is starting to develop according to a “new model,“ President Vladimir Putin said Thursday.
He said Russia experienced a maximum decline in its GDP of 4.7 per cent last June, reported Anadolu Agency. Putin noted that Russia is aware of people who give tips on sanctions to Russia’s “ill-wishers,“ hinting at tycoons that had earned their fortunes in the country but then left it and now live in the West.
Regarding forecasts of poor harvests in the West due to drought, Putin said if there were no sanctions against Russian fertilisers, European farmers could have used them to increase their crop output. He also said that for economic growth, it is necessary to build up production facilities, open new enterprises and create jobs throughout the country.
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