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Russia’s absolute sovereignty, contours of next economic model discussed at SPIEF

Russia’s absolute sovereignty, contours of next economic model discussed at SPIEF
​Russia has achieved absolute sovereignty in financial matters and is independent from decisions made by third countries, Russian Finance Minister Anton Siluanov said at the St. Petersburg International Economic Forum (SPIEF).

At the same time, Russian Economic Development Minister Maxim Reshetnikov said higher interest rates and a stronger ruble could become defining features of the next economic model.

According to Deputy Chief of Staff of the Russian Presidential Administration Maxim Oreshkin, there is no point in waiting for sanctions to be lifted or for the return of the world that existed 20 years ago, as it no longer exists.

TASS has compiled the key statements made at SPIEF.

source: tass.com

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