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Putin upset with Russia’s declining economy amid war with Ukraine, said this big thing

by Ananya Dewan
September 19, 2023
in World
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Putin upset with Russia's declining economy amid war with Ukraine, said this big thing
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Russian President Vladimir Putin - India TV Hindi
Image Source : FILE Russian President Vladimir Putin

Putin: One and a half years have passed since the war between Russia and Ukraine, but the war is not ending. First, Russian President Vladimir Putin invaded Ukraine. After this a fierce war started between Ukraine and Russia. Later, NATO countries also indirectly joined Ukraine. Here Russia started feeling lonely. Over time Ukraine began to counterattack Russia. Along with the drone attack, Ukraine also started making continuous efforts to vacate the areas occupied by Russia. On the other hand, the International Court issued a non-bailable warrant against Putin on charges of waging war. Due to this, Russia gradually started becoming isolated in this war. Due to this, Russian President Putin is very disappointed. He has given a disappointing statement especially regarding Russia’s economy.

Putin said this on the falling economy

Russia’s economy was also affected. Because western countries also imposed trade sanctions on Russia. Wagner fighters rebelled in Russia. At the same time, the youth in the country started avoiding participating in the army. Amidst all this, Russia’s economy has suffered a lot. Russian President Putin has said that ‘Russia has faced unprecedented pressure from Western sanctions. “We face unprecedented external pressure, sanctions from some of the ruling elites in the Western Bloc,” Putin said during a meeting on the 2024-2026 federal budget on Monday, Xinhua news agency reported. ‘Russia’s GDP has reached the 2021 level and now, it is important to create conditions for further stable and long-term growth,’ he said. He announced that the country’s economic recovery period is now complete.

Putin has not traveled abroad since the arrest warrant was issued

It is noteworthy that Putin’s last foreign tour was in December 2022. Then he went to Kyrgyzstan and Belarus. Since then he has not traveled abroad. However, Putin will travel to China next month to participate in the Belt and Road Forum. Putin has not traveled abroad since the arrest warrant was issued by the International Criminal Court. Russian President Putin’s visit to China will also be special in many ways. This will make it clear that Putin and Jinping are emerging as new friends in this time of crisis.

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