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“We are strong people and we will cope with any task”: The main thing from Vladimir Putin’s speech at SPIEF-2022

The President spoke at the plenary session of the St. Petersburg International Economic Forum.  Photo: Sergey Bobylev / TASS photo host agency

The President spoke at the plenary session of the St. Petersburg International Economic Forum. Photo: Sergey Bobylev / TASS photo host agency

TECTONIC CHANGES

– Key concepts for business have been thoroughly undermined by our partners in the West intentionally for the sake of maintaining a unipolar world

– Current changes in the economy and international politics – tectonic and revolutionary

– USA after the Cold War declared themselves the messengers of God on earth, without responsibility, only with interests

– Colleagues in the West are trying to counteract the course of history, they think in terms of the last century, they are in illusions and do not want to notice changes

– The countries of the “golden billion” still consider everyone else their colonies

Russian President Vladimir Putin speaking at the plenary session of the 25th St. Petersburg International Economic Forum.  Photo: Sergey Bobylev / TASS photo host agency

Russian President Vladimir Putin speaking at the plenary session of the 25th St. Petersburg International Economic Forum. Photo: Sergey Bobylev / TASS photo host agency

“WE CAN DO IT”

– It is a mistake to believe that the time of turbulent changes can be sat out, as before it will no longer be

– Russian business and authorities during the imposition of sanctions against Russia worked together and unitedly

– We are strong people and we will cope with any task, this is evidenced by the thousand-year history of our country

BUDGET – PROFIT

– 16.7% high inflation, we will work to reduce it

– The budget of the Russian Federation in 2022 will be executed with a surplus of three trillion rubles

– The economic blitzkrieg against Russia initially had no chance of success, and the sanctions weapon is a double-edged sword

– Only direct losses of Europe from the sanctions imposed by it for the coming year – 400 billion dollars. Inflation growth in some eurozone countries has already exceeded 20%

BROADCAST

Vladimir Putin’s speech at SPIEF on June 17, 2022: live online broadcast

The President gives an assessment of world politics, economics and sanctions. Live broadcast of Putin’s speech at SPIEF on June 17, 2022 on the website kp.ru (details)

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