Putin announces completion of recovery phase of Russian economy

The Russian economy withstood unprecedented external pressure and fully recovered, the country's GDP reached the level of 2021, Russian President Vladimir Putin said at a meeting on the draft federal budget for 2024-2026, Report informs referring to TASS.

“In general, we can say that the stage of restoration of the Russian economy is complete. We have withstood absolutely unprecedented external pressure, the sanctions onslaught of some ruling elites in the so-called Western bloc - some ruling elites in individual countries that we call unfriendly,” Putin said.

"Russia’s GDP has reached the level of 2021, and now it is important to create conditions for further stable and long-term development," he added.