Image source: topwar.ru
Vladimir Putin is holding a meeting with members of the Cabinet of Ministers via videoconference today. Among other things, the discussion of the economic situation in the country.
According to the President of Russia, the state budget from January to April was executed with an excess of revenues over expenditures (surplus) of 2.7 trillion rubles. The Head of State noted that this is an impressive indicator, which, of course, contributed to economic stabilization and countering sanctions.
Vladimir Putin pointed out that by now the Russian economy is successfully resisting the sanctions pressure, the situation with inflation has stabilized. It (inflation) has slowed down significantly.
The President stressed that the Russian ruble showed good dynamics.
Today, a major Western publication Bloomberg published an article in which the ruble was named the most strengthened currency since the beginning of the year out of more than three dozen currencies of developed and developing countries. The ruble exchange rate has increased by more than 11 percent since the beginning of the year. In second place in these indicators is the Brazilian real, which has added 9% of the value since January 1.
Vladimir Putin:
Vladimir Putin also noted the situation with food in the world. According to the President of the country, already now in a number of regions of the world they are facing a real famine due to a shortage of food, including elementary ones. The Head of State laid the responsibility for this on the collective West, which, with its sanctions policy, strikes blow after blow at the global food market.
Vladimir Putin:
According to Putin, this year Russia, based on forecasts, can harvest a record grain harvest – more than 130 million tons, of which about 87 million are wheat.