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Monday, October 24, 2016

Putin said on stabilization of the Russian economy

Russian President Vladimir Putin, speaking at the first meeting of the G20 summit, said stabilization of the situation in the Russian economy. According to him, Russia has managed to preserve its reserves and to reduce the outflow of capital five times compared to last year.

“Inflation reduced in two times. The budget deficit at 2.6%. We keep unemployment at a low level of 5.7 percent,” – said Putin. He noted that Russia plans to continue work to reduce dependence of the budget from the export of hydrocarbons.


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