PM: Sanctions failed to destroy Russian economy

MOSCOW, Dec 6 (PRIME) -- The sanctions that the West cobbled together failed to destroy the Russian economy, and some industries have even produced more than at the beginning of 2022, Prime Minister Mikhail Mishustin said on Wednesday.

“The sanctions that the collective West has cobbled together did not lead to destruction of our economy they expected. Of course, we had some serious troubles, and we suffered from them mainly in the second quarter of 2022. But we have been recovering consistently since then. The level of the beginning of the previous year has been exceeded by many industries. We have weathered the bulk of the challenges,” he said.

Even Russia’s opponents started saying openly that the anti-Russian sanctions are not working. Russia’s gross domestic product rose by about 5% on the year in October and by 3.2% in January–October. It will grow by 3% this year, which is six times higher than the expected growth of the E.U. combined GDP, Mishustin said.

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