Deputy Prime Minister of the Russian Federation announced that the Russian economy is growing despite the sanctions.

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Russian Deputy Prime Minister Alexei Overchuk said that the Russian economy continues to grow despite the current sanctions pressure. This has been reported TASS.

“Sanction pressure is aimed at weakening the Russian economy. “The authors of the sanctions expect these measures to scare the EAEU member states from cooperating with Russia, severing our integration ties,” he said.

Overchuk also praised the measures taken by the authorities and the Bank of Russia to resist sanctions.

According to him, the Russian economy continues to grow, reaching about 1.7% in the last four months.

Steve Hanke, former Professor of Applied Economics, Johns Hopkins Institute of Applied Economics, Founder of Global Health and Entrepreneurship Studies declarationHe said Russia would bear the cost of Western sanctions, but “fading” against the background of what the rest of the world expected.

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