OUR Vladimir Putin said today that international sanctions against Moscow in connection with its attack on Ukraine “may” have “negative” consequences “in the medium term” for the national economyhowever, in recent months boasting that Russia is adapting to this new situation.

“The sanctions imposed on the Russian economy in the medium term can really have a negative impact on it,” the Russian president warned during a teleconference with the government.

Is For the first time, Putin publicly admits that the wave of international sanctions that has affected many branches of Russian economic activity, including oil and gas, is affecting the national economy.

More than a year after the attack on Ukraine began, “unemployment is at its lowest point” at 3.6% and “inflation will fall below 4% at the end of March” after skyrocketing to nearly 20% last spring. – said Putin.

“But this does not mean that all problems have already been solved,” he warned members of his government.

“Returning to a growth trajectory should not make us relax,” he said, urging “guarantees of economic sovereignty“Russia.

Putin also asked the government and officials in charge of the economy to “ensure the speedy launch of new projects in the manufacturing industries, especially in the production of high-tech products,” an industry that has suffered from the departure of many specialists abroad.

“Our financial system must play an important role in meeting the needs of exporters. And we need to replace Western companies that have been operating in this sector,” he said.

Source: APE-MPE-AFP.