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Putin Says Russia Won't Need to Print Money, Must Tame Inflation


Putin on the wires speaking about Russia’s economy:

  • Consumer demand jumped by 1t roubles in recent weeks
  • Russia is fighting for its sovereignty, future
  • West trying to drive wedges in Russian society
  • Adjustment will temporarily boost inflation, unemployment
  • Private sector key to overcoming economic crisis
  • Increasing supply is key to reducing inflation
  • Won't need to print money to cover additional spending
  • Loss of access to imported components is a problem
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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