Russia's GDP growth this year expected to fully offset last year's decline — Putin
MOSCOW, July 25. /TASS/: Russia's GDP growth rate has accelerated from month to month this year, and there is every reason to assume that growth will fully offset last year's decline in 2023, Russian President Vladimir Putin said on Tuesday
"For the entire 2022, GDP decreased by 2.1% and in January-May of 2023 it grew by 0.6$, and from month to month the pace accelerated: in May - up to 5.4%," he said.
"We expect GDP to grow by more than 2% by the end of the year," Putin said, adding that "this growth will completely offset last year's decline."