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Reuters
Reuters
Business

Putin says Russian economy will grow in 2023 despite sanctions

FILE PHOTO: Russian President Vladimir Putin chairs a meeting on the restoration of destroyed housing and infrastructure in regions of southwest Russia that border Ukraine, via a video conference at the Novo-Ogaryovo state residence outside Moscow, Russia February 1, 2023. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS

President Vladimir Putin on Thursday said Russia's economy had overcome the worst effects of sanctions and was expected to show modest growth this year, despite what he said were attempts to undermine certain industries.

"For many of those who tried and are trying to create problems for us, it was a surprise how effectively we are countering the threats in the economy and in certain sectors of production," Putin said in televised remarks with officials.

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