Putin Says Russian Economy Remains Stable Despite Attacks

Russian President Vladimir Putin stated on Wednesday that Russia's economy remains stable despite recent attacks on its infrastructure, which have damaged logistics and storage facilities, according to the state-run RIA Novosti news agency. The president acknowledged that the attacks caused damage but insisted they have not resulted in critical consequences for Russia.

Putin emphasized that the infrastructure damaged in the attacks would require restoration, and stressed that state support would be necessary for this process. He described Russia's economic dynamics as "modest, but positive" and instructed government officials to work more closely with regional authorities. The president also directed the government to identify regions that need additional financial support and ensure the balance and stability of Russia's overall budget system.

In a move to save Russian regions around 100 billion rubles ($1.18 billion), Putin extended the repayment deadline for regional budget loans past 2030. He also encouraged government officials to actively participate in the "Personnel for the Economy of the Future" program, and called for all Russian regions to speed up the launch of an electronic service allowing residents to evaluate social institutions via mobile devices.