All news

Russia has all prerequisites for joining world’s top four economies — PM

According to preliminary figures provided by the country’s state statistics service Rosstat, Russia’s GDP grew by 3.6% in 2023
Russian Prime Minister Mikhail Mishustin Alexander Astafyev/POOL/TASS
Russian Prime Minister Mikhail Mishustin
© Alexander Astafyev/POOL/TASS

MOSCOW, April 3. /TASS/. Prime Minister Mikhail Mishustin believes that Russia’s economy has all prerequisites for joining the world’s top four economies.

"According to the World Bank’s estimation, Russia is one of the world’s five largest economies in terms of purchasing power parity. Not long ago in Address [to the Federal Assembly] President [of Russia Vladimir Putin] set a more ambitious task of becoming one of top four. There are prerequisites for it," Mishustin said in an annual report at the State Duma, adding that high rates of GDP growth persisted at the beginning of this year.

According to preliminary figures provided by the country’s state statistics service Rosstat, Russia’s GDP grew by 3.6% in 2023, he added.