Russia’s Central Bank does not need to print money, and the country has enough financial resources to deal with current problems. This is what President Vladimir Putin was quoted as saying by Reuters today.
“Our economy and business have the necessary resources to meet all the goals, the challenges only mobilize us,” he said. He said the Russian economy would be able to adapt to the new reality imposed by Western sanctions against Moscow.
Putin also ordered increased funding for infrastructure. According to the head of state, the government needs to make structural changes in the economy. He also promised additional support for families with children and increased social benefits amid accelerating inflation.
ed. Well, let’s see what happens in a week.