Posted 12/8/2023, 6:54:00 PM
Russia Claims Economic Resilience Despite Sanctions
- Putin suggests Russia's economic isolation is good as GDP is higher than before Western sanctions
- Forecasts Russian economy to grow 3.5% this year after shrinking 2.1% in 2022
- Says Russia becoming a growth center of new global economy as West economies deteriorate
- Notes Russia's budget deficit shrinking while West rested on monopolies, becoming archaic
- Experts say recent economic boost attributed to increased Russian defense spending