Vladimir Putin will speak about the global economic outlook

Russian President Vladimir Putin will give a speech on the future of the Russian economy and the world outlook on Friday as part of the 25th St. Petersburg International Economic Forum (Spief).

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The Kremlin spokesman, Dmitri Peskov, announced that the president will give details about the impact of the sanctions imposed on Russia, the rise in energy prices and the beginning of a food crisis.

“The president will share his assessment of the formation of a multipolar economic model and will assess the opportunities and prospects that this process offers to participants from all over the world market,” explained adviser to the president, Yuri Ushakov.



Ushakov announced that Vladimir Putin will address the consequences of unfair competition between states and the commercial and financial confrontations that this causes.

Meanwhile, the nation’s press officer pointed out, as the lei motiv of the speech, that the economy has become “a hostage of politics” as part of the “perfect systemic storm” that has characterized the world panorama in 2022.

The presidential adviser added that the forecasts for economic development, the stimulation of business activity, as well as the creation of conditions for business that strengthen commercial activity and investment with other countries in the world.



The Kazakh president, Kasym-Zhomart Tokáyev, will be with Putin in the plenary session of the forum and will intervene, like his Egyptian counterpart Abdel Fattah al Sisi, by videoconference. A video message from Chinese head of state Xi Jinping will also be featured.

At the end of the speech, the Russian head of state will answer the concerns of the participants in the session, according to the Kremlin’s press officer.

During the day, Vladimir Putin is scheduled to meet with the presidents of Armenia, Vahagn Khachaturián, and of Kazakhstan, Kasym-Zhomart Tokáyev.

Egyptian President Abdel Fattah al Sisi will also intervene by videoconference and by video message the Chinese head of state, Xi Jinping.

Finally with directors of the Russian media and war correspondents in Donbas.

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