Economist Warns Of Russian Economic Instability
Kremlin spokesperson Dmitry Peskov stated that while Russian economic expenses are rising and the economy is contracting, these measures are necessary for stability. The government is seeking to accelerate economic growth to reach a medium-term target of 3 percent. The economy is reportedly being exhausted and destroyed by war, leading to a decline rather than stabilization. The growth rate was previously explained at 2.5 percent but has since shifted. The current stability is described as a transition from rapid growth to a slower pace. Analysts noted that the economy was previously unprepared for these shifts. Analysts suggest the economy is being disrupted by conflict and may begin to fall rather than stabilize. This downturn is causing job losses and layoffs as the situation becomes more concerning.
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Sources · 7 independent
“Dmitry Peskov... says, yes, expenses are growing, yes, it is contracting, but this is necessary for stability. But does this fall provide this stability, if we look at how the regions are living now?”
“He says, yes, expenses are rising, yes, it is contracting, but this is necessary for stability.”
“теперь мы даже замедлиться теперь он начинает заведляться после чего он собирает опять про это говорит а что такие низкие темпы роста вы обещали два с половиной всего один”
“какая-то идея то надо сокращать темпы роста то то повышать вон с И, соответственно, по ручению правительства, ускорить экономический рост России и обеспечить темпы просто выше средне мировых, то есть выше трех процентов.”
“ми навіть замедлиться, тепер він починає заведлятися... що у них, кожен день, нова якась ідея, то треба закращати темпи роста, то повишати”
“the economy is exhausted by war, worn out by war, destroyed by war and begins not to stabilize, but begins to fall.”
“the government is trying to accelerate Russia's economic growth... to reach the middle level, which is three percent.”
“тепер ми навіть замедлиться, тепер він починає заведлятися, після чого він собирає це, передпрацько, а чого на кинівські темпи роста? Ви об'яснювали 2,5, всього 1,100 за безобрази”
“економіка зможна війною, роздрушена війною і починає не те, що стабілізувати, починає падати. І тому, звісно, ситуація стане все більше тривожна”
“Zubarevich, says the main characteristic of the Russian economy is not stability... 10% to 20% of people are affected because they are listed as employed, but their wages are not increasing.”
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