Belousov evaluated the ability of the Russian economy to withstand sanctions

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The West was shocked that Russia “remained under sanctions.” First Deputy Prime Minister Andrei Belousov spoke about this, they reported “Vedomosti”.

“The fact that Russia remains under sanctions came as a shock to the West. “They predicted a disaster for us commensurate with the 1990s,” Belousov said in his speech at the Russian forum. According to him, the decline in the Russian economy during the epidemic was 2.7 percent, in the USA 2.8 percent, in Germany almost 4 percent, in Italy 9 percent.

Before this, Belousov noted that Russia had entered the phase of economic dominance. This, he explained, means the ability to implement the national development agenda and goals. According to the Deputy Prime Minister, Russia has all seven conditions for sovereignty: its own resources for development, self-sufficiency in basic resources, infrastructure, effective institutions, stability of position in the global economy, macroeconomic stability and social development.

The Kremlin had previously appreciated hopes Growth of the Russian economy.

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