CLOSE
Europe

Growth rate of Russian economy should outpace dynamics of global economy: Putin

Russian President Vladimir Putin has made it clear that Russia’s economy needs to grow faster than the global average to keep things stable at home. Speaking at a key meeting on economic matters in Moscow, Putin stressed that strong public finances and successful projects all hinge on a robust Russian economy.

“We’ve set a clear goal: achieve the growth rates we need,” Putin said, as reported by TASS. He urged the country to tap into its own strengths in industries and regions, build stronger ties with international partners, roll out cutting-edge technologies, and explore fresh opportunities in today’s fast-changing economy. This push aims to help Russia’s economy outpace global trends and stay ahead.

The comments come amid ongoing efforts to boost Russia’s position in the world economy. Just earlier this month, Putin joined the BRICS virtual summit hosted by Brazil, participating remotely. The Russian Embassy in India highlighted that the discussions focused on ramping up cooperation among BRICS nations in trade, economy, finance, and investments—especially in the current tough global economic climate.

India’s External Affairs Minister S Jaishankar stepped in for Prime Minister Narendra Modi at the summit. In a post on X (formerly Twitter), Jaishankar shared India’s key message: BRICS must work to stabilize the international economy, tackle how ongoing conflicts are hitting the Global South hardest, and push for real reforms in global institutions. This virtual BRICS summit underscores the group’s growing role in shaping a fairer world economy.


Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in world News on Latest NewsX. Follow us on social media Facebook, Twitter(X), Gettr and subscribe our Youtube Channel.

Show More

Team Latest NewsX

The Team Latest NewsX comprises a dedicated and tireless team of journalists who operate around the clock to deliver the most current and comprehensive news and updates to the readers of Latest NewsX worldwide. With an unwavering commitment to excellence… More »

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker