Putin: Russia's Economy Will Grow By 3.9% by the End of the Year

  • Moscow, Russian Federation
  • 29 October 2024
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Russian President Vladimir Putin predicted that his country's economy will rise by 3.9% by the end of the year, noting that this percentage exceeds the global average.

"By the end of the year, the index (GDP index) is expected to reach 3.9%, which is higher than the global average, and according to IMF assessments, global GDP growth in 2024 (level) is expected to reach 3.2%," Putin said during a meeting on economic issues.

Putin explained that Russian industry, including high-tech, is proceeding at a good level, citing statistics that Russia's industrial growth during the eight months of this year amounted to 4.5%, while the manufacturing sector grew by 8.1%, and mechanical engineering by about 20%.

 

Source (Al-Arabiya Net Website, Edited)

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