The Kremlin said on Thursday that the Russian economy was experiencing a shock and that measures were being taken to mitigate the effects of what it described as a “completely unprecedented” economic war against Moscow, according to Reuters.
It is noted that the West has imposed sweeping sanctions against Russia due to its invasion of Ukraine.
“Our economy is now experiencing a shock and there are negative consequences, which will be minimized,” Kremlin spokesman Dmitry Peshkov told reporters.
Peshkov described the situation as turbulent, but stressed that measures are already being taken to calm it down and stabilize it.
“It is absolutely unprecedented. The economic war that has been waged against our country has never been done before. Therefore, it is very difficult to predict anything.”
Source: Capital
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