Putin says Russian economy to expand by 1–2% in 2023
MOSCOW, Jun 7 (PRIME) -- Russian President Vladimir Putin expects the gross domestic product (GDP) to increase by 1–2% in 2023, he said citing experts in a welcoming telegram to the participants of the St. Petersburg International Economic Forum on Wednesday.
"According to experts, the global economy will continue to slow down in 2023, while Russia’s GDP can increase by 1–2%," the telegram read.
Putin urged for focusing on Russia's technological and financial sovereignty, creating optimal cooperation and logistics, improving infrastructure, cutting inequality and poverty.
"Labor market stimulation is among the priorities. Close, partnership relations between the government and the business are needed to implement lean production technologies, modernization of enterprises,” he said.
“And surely, fine-tuning of staff training and retraining system, improvement of the national labor service is required."
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