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

Previous Story

Lebanon is in peril, warns IMF

Next Story

US stands with women in Iran, Afghanistan, says Biden

Latest from -Top News

Zero Tariffs Won’t Fix Africa-China Trade Imbalance

China’s zero-tariff policy is expected to boost African exports, but analysts say greater market access alone may not address the continent’s trade imbalance….reports Africa Daily News Desk China’s decision to provide zero-tariff

77 Years On, Tibetans Still Don’t Trust China

A report claims decades of Chinese rule have failed to win the trust of Tibetans, citing restrictions on culture, language and religious practices…reports Asian Lite News Desk Tibetans have little trust in

India Flags US Russia Sanctions Impact

India says it remains committed to energy security as the US Congress passes a sanctions bill targeting major buyers of Russian energy…reports Asian Lite News Desk India on Thursday said it was

US blocks Abbas from UN meeting again

The US has again denied Mahmoud Abbas a visa for the UN General Assembly, prompting Palestinian condemnation and raising fresh questions over diplomatic access, reports Asian Lite News Desk The United States

Jaishankar gets warm welcome in Bhutan

External Affairs Minister S Jaishankar on Thursday received a warm welcome from Bhutanese Finance Minister Lyonpo Lekey Dorji as he arrived in Thimphu for a two-day official visit focused on strengthening bilateral
Go toTop

Don't Miss

Russian jet collides with US drone over the Black Sea

The incident is likely to increase tensions between the two

Lavrov Signals Potential to Rebuild Russia-US Ties Amid Ukraine Conflict

Lavrov also revealed that Russia and the US are engaged