In his annual press conference, Putin acknowledged the dire state of Russia's economy, indicating inflation levels of 8.9% and an alarming interest rate of 21%.
Despite economic turmoil, Putin attempted to deflect blame, suggesting that Western sanctions were not a primary factor in the challenges facing the Russian economy.
Putin claimed that recent territorial gains in Ukraine were a positive sign, yet refrained from committing to timelines for recapturing lost territories.
He painted a picture of resilience despite the difficulties, asserting that both the central bank and government could have managed the economy better.
Collection
[
|
...
]