Putin wants to boost Russia’s flagging economy. But how?
Hello! Welcome to your weekly guide to the Russian economy, written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. After President Putin ordered officials to get the Russian economy moving again, we ask how they can deliver and will it be enough to address the systemic problems Moscow faces.
Putin pushes for growth as Russia’s fiscal Rule comes under pressure
The Russian leader is unhappy with his country’s stuttering economy and this week ordered economic officials to bring back growth as quickly as they could. The initial response from his ministers suggests they will try to force a restart by sacrificing the country’s long-held fiscal rule, designed to smooth the cycle of boom and bust tied to global oil prices.
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