Russian economy going strong despite sanctions | Video
Russia's economy is proving resilient, despite the impact of western sanctions. Authorities say while the economy is restructuring, it is also expected to grow this year. In November, President Vladimir Putin signed a budget for the next three years that boosts defence spending to more than a quarter of all budget expenditures – up from just 14 per cent before the start of the Russian operation in Ukraine. Dasha Chernyshova has more.
Russia's economy is proving resilient, despite the impact of western sanctions. Authorities say while the economy is restructuring, it is also expected to grow this year. In November, President Vladimir Putin signed a budget for the next three years that boosts defence spending to more than a quarter of all budget expenditures – up from just 14 per cent before the start of the Russian operation in Ukraine. Dasha Chernyshova has more.
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