MOSCOW, March 23. /TASS/. President Vladimir Putin stated that the Russian economy is seeing negative dynamics at the beginning of the year. Speaking at a cabinet meeting on economic issues he tasked the government with bringing the economy to a path of sustainable growth.
TASS has compiled the head of state's key statements.
Macroeconomic policy
Russia has seen a drop in key macroeconomic indicators at the beginning of 2026. "What would I like to draw attention to? First of all, [this is] low negative growth in key macroeconomic indicators. Actually, this is nothing unexpected for us, but the statistics confirm it," the President said adding that in January Russia's GDP grew "2.1% lower than a year ago."
Experts attribute the decline in Russia's macroeconomic indicators in January to a "calendar factor": there were fewer working days than at the beginning of last year.
