Speaking at the Russia Calling investment forum, President Vladimir Putin underscored Russia’s economic stability and resilience amidst international challenges. He attributed the country’s success to its robust domestic strategies, noting that while some European nations grapple with unemployment rates as high as 7%, Russia has achieved a historic low of 2.3%.
Putin announced the introduction of the digital ruble in federal budget settlements starting next year, with full functionality nationwide by July 1. He emphasized Russia’s advanced digital financial systems, which he believes provide a competitive edge globally. Addressing sanctions, Putin criticized Western policies, describing them as shortsighted and out of touch with a multipolar world.
Highlighting investment growth, Putin stated that “friendly countries” continue to fill the void left by European enterprises, with Russia maintaining an open-door policy for returning companies. He also criticized the US dollar’s dominance, arguing that it unfairly benefits Washington at the expense of other economies.
