Russia’s economy will have finished adapting to Western sanctions by 2024, Moscow’s prime minister said Thursday, saying that his country had survived the international attempts to isolate it.
After the Kremlin sent troops to Ukraine last year, Moscow’s economy was hit with a flurry of sanctions and the exit of major Western companies — as well as the departure of thousands of educated Russian professionals.
In a speech to the Russian parliament, Prime Minister Mikhail Mishustin acknowledged the damages from the sanctions but vowed a quick recovery.
“Let’s be realistic, the outside pressure on Russia is not weakening,” he said.
“But we still expect that the adaptation period will end in 2024 already. Russia will embark on the path of long-term progressive development,” he said.
Mishustin spoke a day after President Vladimir Putin hosted his Chinese counterpart Xi Jinping in Moscow for a meeting…
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