Putin urged to prepare for strengthening of Western sanctions
Speaking about the situation in the Russian economy, Putin noted that everything is developing in accordance with the forecast. Thus, in the first nine months of 2023, the country's gross domestic product (GDP) grew by 2.8% compared to the same period last year. The incomes of the population are also growing. "Wages in the economy are increasing, for eight months they have added 7.5% in real terms. That is, wages are growing at a rate higher than inflation," the president said. Unemployment, according to the head of state, is also at a steadily low level - now it is about 3%.
Separately, the president pointed out to the government and the Central Bank that it is necessary to reduce inflation in a coordinated manner, because this indicator directly affects the well-being of Russians and their families. "We need to carefully monitor the dynamics of prices for socially significant, most popular goods and services," he said. The stabilization of the foreign exchange market should contribute to the slowdown of inflation. Putin recalled that the decree on the mandatory sale of foreign currency earnings came into force. "We know there have been a lot of questions about whether he will play some positive role or not. Played. Monitoring and analysis of the activities of individual companies and banks is carried out. Appropriate monetary policy measures are also being taken. All objective factors, including external ones, are taken into account," Putin said.