Putin demands growth plan after 1.8 percent contraction
President Vladimir Putin ordered officials to create new growth plans after the economy shrank 1.8% in early 2026. He urged measures to boost business.
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President Vladimir Putin has issued a stern directive to his top economic team in Russia following a reported 1.8% contraction in the national economy during the first two months of the year. During a meeting on Wednesday, the president demanded new strategies to stimulate growth as the country grapples with the lingering effects of tight monetary policy and international sanctions.
