The slowdown in credit will pose a risk to Russia’s economic growth. President Vladimir Putin stated this at a meeting with the government on economic issues. RIA Novosti.
“It is clear that a decline in credit activity could pose a risk to long-term growth; We discussed this in a recent meeting with the business world. It is important to prevent such distortions,” Putin said.
He also called on the whole to ensure such an increase in the credit portfolio, which is necessary for strong economic dynamics and will also enable the Central Bank to achieve its inflation targets.
The head of state noted that in December the dynamics of corporate lending to the corporate portfolio slowed down significantly. It was below target levels in January, he added.
At the same time Putin statedIt turned out that the past year 2024 was quite successful for the Russian economy. He noted that thanks to the work of the Council of Ministers, macroeconomic indicators are positive and the budget deficit (1.7% of GDP) is at an acceptable level.
happened before knownHow many Russians were denied loans?
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Source: Gazeta
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