Putin says Ukrainian attacks on Russian facilities have no severe impact

Russian President Vladimir Putin stated on a recent meeting that Ukrainian attacks on Russian infrastructure have caused damage, but have not resulted in serious consequences. He acknowledged that the strikes have affected industrial facilities and infrastructure, causing damage, yet Putin insisted that Russian industry continues to operate efficiently.

The President noted that the Russian economy grew by 0.6% in the first half of 2024 and by 1.3% in the second quarter, with an economic plan in place until 2030 to maintain this efficiency, according to the Sputnik news agency.

During the Strategic Development Council, Putin emphasized that Russia's economy faces multiple challenges, including external pressures and attacks on its industrial facilities and infrastructure. Despite these challenges, Putin asserted that there have been no serious consequences from such attacks, nor is this expected to occur in the future.

While the Ukrainian strikes have targeted oil refineries and commercial warehouses, including those of Russia's largest online retailer, Wildberries, Putin downplayed the impact of these strikes.

Putin explained that the objective of Russia's economic policy is to achieve sustainable growth in capital investment, modernize production facilities, and increase labor productivity through the adoption of new technologies such as autonomous systems, industrial robots, digital platforms, and artificial intelligence solutions. This strategy is particularly aimed at addressing labor shortages in some sectors.