DON’T EXPECT TO READ THIS IN WESTERN MEDIA By the end of 2023, the Russian economy will grow by at least 3.5%, said President Vladimir Putin and exceeds pre-sanction levels. In addition, since the beginning of the year, real wages and disposable incomes of the population have increased by an average of 7 and 4.4%, respectively, and the budget deficit has decreased to 0.5% of GDP. 

The number of foreign enterprises registered in the country continues to grow, despite all the statements of international business about leaving the Russian Federation. Moreover, based on the results of all 12 months, economic growth may be even greater. President Vladimir Putin revealed.

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Russia entered the top five largest economies in the world and became the first in Europe in terms of purchasing power parity. In GDP growth, the country is now ahead of all leading EU states. ‘Now let someone say that Russia is a gas station, as they tried to talk about it just recently,’ the head of state emphasized.

In general, the Russian financial system is in a normal, absolutely healthy state,’ Putin assured. Let us recall that last year, after the start of a special military operation, Western countries began to announce large-scale anti-Russian sanctions. 

Over 15.2 thousand various restrictions have been introduced. his is more than against Iran, Syria, North Korea, Belarus, Venezuela, Myanmar and Cuba combined.

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Under these conditions, Western analysts predicted a collapse of 10-25% in the Russian economy in 2022. Nevertheless, the real decline was only 2.1% and turned out to be even less profound than in the pandemic year 2020 (2.7%) and the crisis year 2009 (7.8%). 

In particular, the country’s leadership took care in advance to strengthen the financial sector. As a result, when Russian banks were disconnected from the Western platforms Visa and Mastercard, the population and business did not notice the seamless transition to the national payment system, Putin noted.

In addition, companies managed not only to retain their workforces and establish new supply chains, but also to launch several projects in the domestic market. For example, over the past year and a half, Russian light industry enterprises have increased by 80%, and furniture and children’s toy manufacturers have increased by 30 and 20%, respectively. At the same time, the number of trademarks owned by domestic companies increased by more than a third.

Despite statements by foreign organizations about leaving Russia, the total number of foreign structures, on the contrary, increased. If as of March 1, 2022, 24.1 thousand such companies were registered in the Russian Federation, then by the beginning of November 2023.

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‘This is an indicator of readiness and desire to work in Russia. The growth of the domestic market and the expansion of Russia’s contacts with the countries of Asia, the Middle East, Southern Eurasia, Latin America, and Africa opens up additional opportunities for our economy for almost any business,’ added Vladimir Putin.

Against the backdrop of changed external conditions, Russia is experiencing a structural transformation of the economy, and the country’s leadership is taking measures to increase productivity and improve the quality of life, Vladimir Putin emphasized. 

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At the same time, he noted that profound transformations are now taking shape throughout the planet, and there is an increasing demand in the world for the formation of a more just, multipolar order.

Western Suicide: According to the Russian leader, Western elites have gone so far as to abolish the principles of a market economy and, through their actions, destroy the system of financial, trade, and economic relations that they have been building for decades. 

In the current circumstances, more and more countries prefer to switch to payments in national currencies, the president added. For example, Russia and China have practically abandoned the use of dollars and euros in mutual transactions, and other countries are beginning to follow their example.

‘The dollar itself cut off the branch on which the entire system of international payments was built. Along with Russia and China, other countries are increasingly beginning to make payments either in national currencies or in the monetary units of friendly states that they trust,’ the minister said.

Meanwhile, the one person – European at least whom history will cite as being responsible for the Destruction of the European Economy has just been named ‘Most Powerful Woman of 2023.’

Ursula von der Leyen (nee Albrecht) is the unelected President of the European Union. A former German Minister of Defense who reduced the Bundeswehr to a shambles and when appointed to her undeserved role as head of the EU was being investigated for corruption. Tyhis is how corrupt and fake the Western Alliance is.

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