What crisis? Vladimir Putin says Russian economy gaining momentum

MOSCOW (Sputnik) – Russia’s economy has emerged from the crisis, is gaining momentum, and this dynamics should be maintained, positive factors will be gradually felt by the population and businesses, Russian President Vladimir Putin said Monday at a meeting with government members.

The key report at the meeting, dedicated to the current economic dynamics and its forecast until 2020, was made by Economic Development Minister Maxim Oreshkin, who in particular said that the pessimistic view of the economic development was not justified, and cited a number of macroeconomic indicators confirming this.

“All that you said undoubtedly means that the Russian economy has emerged from the crisis, is gaining momentum, and we need to do everything in order to keep this dynamics in these conditions,”

Putin said.

“Both economic actors and citizens will gradually feel the positive factors that are taking place in the economy,”

he said.