20:32 GMT26 February 2020
Listen Live
    Russia
    Get short URL
    0 43
    Subscribe

    On annual Q&A seccion Russian President Vladimir Putin said that the Russian government expects little decrease of GDP in 2016, but the streghtening of the economy in 2017 by 1.4%.

    MOSCOW (Sputnik) — The Russian government expects the country's GDP to shrink by 0.3 percent in 2016, but the economy is likely to grow in 2017 by 1.4%, Russian President Vladimir Putin said Thursday.

    "I already said that the GDP decrease [in 2015] stood at 3.7 percent. This year, the government believes that a minor decrease will remain, but only 0.3 percent. Next year, a growth of 1.4 percent is expected," Putin said during his "Direct Line" Q&A session.

    Related:

    Turkey Shells Syrian Government Forces in Syrian Latakia - Russian Military
    Russian Government Could Cut Defense Orders by Some 10%
    Russian Prosecutors Demand Ban on US-Sponsored Non-Government Organizations
    Russian Government Proposes to Increase Security at Nuclear Facilities
    Tags:
    shrinking, government, increase, GDP, Russia
    Community standardsDiscussion
    Comment via SputnikComment via Facebook