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Putin called 2020 the hardest year for the economy since the war

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Putin called 2020 the hardest year for the economy since the war

Last year was the most difficult for the global economy since the end of World War II, Russian President Vladimir Putin said.

"The planet's GDP shrank by 3.5% last year. The reasons for this are objective," he said, explaining that this is due to the pandemic and restrictions because of it.

This, the head of state added, had a negative impact on business and economic dynamics in general, "Komsomolskaya Pravda.

However, according to Putin, Russia was generally able to overcome the downturn in the economy against the backdrop of the pandemic.

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Author: Ksenia Gustova
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