March 24, 2023
1 min read

Russian PM says economy withstood Western sanctions

Some international organisations predicted that the Russian economy will see positive dynamics in 2023, said PM…reports Asian Lite News

The Russian economy withstood Western sanctions in 2022 and is now back on a growth trajectory, Russian Prime Minister Mikhail Mishustin said.

Last year was a “difficult adaptation period,” Mishustin added on Thursday while delivering the government’s annual report to the State Duma, the country’s lower house of parliament, Xinhua news agency reported.

“Let’s be realistic — external pressure is unlikely to ease. Nevertheless, we expect that as early as in 2024, the period of adaptation will end and Russia will embark on the path of long-term progressive development,” he said.

Some international organisations predicted that the Russian economy will see positive dynamics in 2023, he told lawmakers.

Mishustin named six priorities for the government’s work in 2023, including improving the welfare of citizens and saving people, strengthening technological sovereignty and achieving financial sovereignty, developing transport and public infrastructure, building ties with friendly countries, and searching for new partners.

ALSO READ: Russia honours pilots who chased US drone

Previous Story

Lebanon is in peril, warns IMF

Next Story

US stands with women in Iran, Afghanistan, says Biden

Latest from -Top News

Putin, Trump Hold Call on Ukraine

During the discussions, Trump briefed Putin about the dialogue he had with Ukrainian President Volodymyr Zelensky…reports Asian Lite News Russian President Vladimir Putin and US counterpart Donald Trump spoke by phone on

India’s Healing Touch Reaches Guyana

The initiative, backed by the Indian High Commission in Georgetown, stands as a testament to India-Guyana friendship …reports Asian Lite News Fulfilling Prime Minister Narendra Modi’s pledge, India has delivered artificial limbs

Doval Meets Wang Yi in Delhi

The meetings could see both sides deliberate on a range of key issues, including the border situation, trade and resumption of flight services….reports Asian Lite News National Security Advisor Ajit Doval met

Gang Violence, Khalistan Extremism Put Canada on Edge

gang-driven extortion and Khalistani extremism, threatening public safety, community trust, and bilateral ties with India…reports Asian Lite News Canada is grappling with a nexus of gang-led extortion and Khalistani extremism that threatens
Go toTop

Don't Miss

Top US general, Russian counterpart meet amid rows

Although the meeting was held at the Finnish government premises

West’s $60 per barrel Price cap leaves Russia in economic shock

Russia is thinking over options on how to counter the