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Nowak Noted the Transition of the Russian Economy to a Moderate Dynamic.

Summary
Russia's economy has moved to a more moderate pace, which is the expected stage of GDP growth by 0.6 per cent at the end of the year, stated Alexander Nowak, the vice-premier of the government, speaking at the time of the government hour in the Federation Council. The Russian economy is showing the expected slowdown after overheating, transmitting to RIA "news." In his address to the Federation Council, Vice-Premier Alexander Novak stressed the …

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Russia's economy is now going through a period of normalization after overheating, reducing inflationary risks is a prerequisite for re-establishing investment activity, said Russian Vice-Premier Alexander Nowak, speaking at a government hour at the Federation Council, where he presented the basic parameters of the forecast for the years 2027-2029. "After a high growth rate of 2023-2024, the economy moved to a more moderate dynamic.

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The main task of the authorities is to restore sustained economic growth and further improve the well-being of citizens, said Vice-Premier Alexander Nowak. To achieve these objectives, it is planned to expand domestic production, improve resource efficiency and create conditions for new investment. Nowak said during the government hour in the Federation Council, he transmits the RIA News. President Vladimir Putin stated to the Council that Russi…

Vice-Premier Alexander Nowak, at a government hour in the Federation Council, spoke about the challenges of economic policy; he reported on support for consumer demand, the situation in the fuel market and the launching of a new investment cycle. "Vedomis" collected the main points of the Vice-Premier's speech.

The main priorities in launching the new investment cycle in Russia are the elimination of accumulated debts and losses, clear priorities in government support, . . . . 02.10.2026, PRIM

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vz.ru broke the news on Friday, October 2, 2026.
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