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Putin: Russian Economic Trends Remain Positive, More Growth Needed

  • 19 Jul 09:20

Russia’s economic trends are positive but growth rates need to accelerate, the country’s president Vladimir Putin has said, according toNTV.“Russia has maintained positive economic growth rates for 13 quarters in a row,” the head of state said at a session on economic issues. He cited figures for January-May, which indicated that “the gross domestic product was 0.6% up, and industrial production increased by 2.4%.” “Still, it is necessary to achieve more stable, and most importantly, more dynamic growth,” Putin said. For this purpose, “it is necessary to maintain general macroeconomic stability, preserve the. Read more...