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| Putin warns about the consequences if the policy of sanctions continues |
| 2022-05-13 |
| Direct Translation via Google Translate. Edited. The following is a compilation of messages Putin sent via his Telegram account. [RIA Novosti] Russian President Vladimir Putin spoke at a meeting on economic issues. The key statements of the head of state are in the material of RIA Novosti. On countering sanctions “Russia is confidently coping with external challenges thanks to both a responsible macroeconomic policy of recent years and systemic decisions to strengthen economic sovereignty, technological and food security. <…> Inflation is gradually slowing down: over the past month, its rates have decreased several times compared to March, weekly price growth has already dropped to 0.1 percent, which is already close to the weekly growth rate, in line with the inflation target of the Bank of Russia.” On the Importance of Economic Power "We recently celebrated our main holiday - Victory Day, and I want to remind you that it was achieved not only in battles on the fronts, but also due to the economic power of our country, which then opposed the industrial potential of not only Germany, but almost all of Europe, which fascists enslaved." On the ambitions of the West "These sanctions are largely provoking a global crisis. Their authors, guided by short-sighted inflated political ambitions, Russophobia, to a greater extent hit their own national interests, their own economies, the well-being of their citizens. We see this primarily in the sharp rise in inflation in Europe" . On the consequences of sanctions for the global economy “Obviously, due to objective economic laws, the continuation of the sanctions obsession, if I may say so, will inevitably lead to the most complex, difficult to reverse consequences for the European Union, for its citizens, as well as for the poorest states of the world, which are already facing the risks of hunger. I emphasize, guilt this lies entirely with the elites of the Western countries, who are ready to sacrifice the rest of the world in order to maintain their global dominance." About the budget and the ruble "The possibilities of the budget system are growing: in January-April, the consolidated budget surplus amounted to 2.7 trillion rubles, while budget expenditures also grew noticeably during this time thanks to the decisions made on advanced financing of development projects and advance purchases. Against the backdrop of a record positive balance of foreign trade, the and the exchange rate of the national currency - the ruble. This year it demonstrates, probably, the best dynamics among all the currencies of the world." About grain harvest A good harvest is expected this year. According to experts (of course, these are preliminary estimates, but still), the grain harvest may reach 130 million tons, including 87 million tons of wheat. If this happens, and we will rely on this, then this will become a record in the entire history of Russia. This will allow not only to meet domestic needs with a margin, but also to increase supplies to the global market for our partners, which is very important for world food markets. About the income of Russians "The most important indicator of the success of socio-economic policy is the income of Russian citizens. In order to ensure positive dynamics here, it is necessary to support consumer demand, increase the opportunities for business and the regions of the country. A number of decisions in this regard have already been made - we know about this with you, worked out them together "In March, we agreed to expand the program of payments to needy families with children. Since April, it has been extended to families with children up to and including 16 years of age. Such payments retroactively began on May 11." |
| Posted by:badanov |
| #1 I want to remind you that it was achieved not only in battles on the fronts, but also due to the economic power of our country... Heavily subsidized by US production and British shipping. Stalin repeatedly threatened to make peace with Hitler unless we kept sending him food and weapons. So much for "economic power". |
| Posted by: Rob Crawford 2022-05-13 08:14 |