September 27, 2022

Putin called Western sanctions the main negative factor for the Russian economy

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The main negative factor for the Russian economy was the sanctions pressure from the West. This was announced on Monday, April 18, by Russian President Vladimir Putin.

“Obviously, the main negative factor for the economy in recent years has been another sanction pressure from Western countries. The calculation was to quickly undermine the financial and economic situation in our country, provoke a panic in the markets, the collapse of the banking system, a large-scale shortage of goods in stores, ”he said at a meeting on socio-economic issues.

The Russian leader stressed that such a policy of the West towards Russia has failed.

On April 12, Putin said that the blitzkrieg of ill-wishers against the Russian economy did not take place, the financial system is working rhythmically. According to him, the country’s economy is firmly on its feet. The Russian leader also stressed that he is counting on the prevalence of common sense in Western countries on the issue of sanctions.

On March 10, Russian Finance Minister Anton Siluanov said that Western countries had begun an economic war against Russia and were trying to create a shortage of goods. According to him, the government has taken measures to attract capital to the country. The key task of the government remains to stabilize the financial system of the state and ensure its smooth operation.

Western countries imposed anti-Russian sanctions after Russian President Vladimir Putin announced an operation to protect civilians in Donbass on February 24. Moscow explained that its tasks include the demilitarization and denazification of Ukraine. The decision was made against the backdrop of an aggravation in mid-February of the situation in the region due to shelling by the Ukrainian military.

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