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Putin Outlined Russia's Economic Framework: 1% Growth and Oil at $50

Summary by fakti.bg
Russian President Vladimir Putin outlined the main parameters with which Moscow enters the preparation of the budget for the next 3 years – significantly slower economic growth, a deficit of about 2% of GDP and a cautious forecast for the price of oil of about 50 USD per barrel. The statement was made during a meeting on economic issues in the Kremlin, held with representatives of the economic bloc of the government and the presidential administ…

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Russian President Vladimir Putin outlined the main parameters with which Moscow enters the preparation of the budget for the next 3 years – significantly slower economic growth, a deficit of about 2% of GDP and a cautious forecast for the price of oil of about 50 USD per barrel. The statement was made during a meeting on economic issues in the Kremlin, held with representatives of the economic bloc of the government and the presidential administ…

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The Russian Federation's GDP growth in 2026 will be within 1%, which is consistent with initial expectations, annual inflation is gradually declining and under control, and Russian President Vladimir Putin stated at a meeting on economic issues." I note that Russia's economic performance is generally consistent with our expectations.

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President Vladimir Putin reported that Russia's economic performance met expectations, and GDP growth at the end of the current year would be about 1 per cent. The growth of gross domestic product at the end of 2026 is expected to be about 1 per cent, said Putin. "I note that Russia's economic performance is generally in line with our expectations. It is estimated that the current year's gross domestic product will grow within 1 per cent," quote…

Russia ' s economic performance is in line with expectations, and the growth of gross domestic product in 2026 will be within 1%, declared by the President of the Russian Federation ... 17.09.2026, PRIM

Russian President Vladimir Putin said that the dynamic of the Russian economy was in line with expectations and that GDP would grow at the end of the year at about 1%, as reported by the Head of State at the meeting on economic issues.

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Life.ru broke the news on Thursday, September 17, 2026.
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