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"The Russian the economy will increasingly reckon on private initiatives and remain committed to transparency and broad international cooperation," he added.


Digital Desk: Russia will accelerate the development of infrastructure and key

Technology and initiate an independent and systematic financial system.

 

In a message to the upcoming 25th St. Petersburg International Economic Forum (SPIEF), Putin said.

 

"The Russian the economy will increasingly reckon on private initiatives and remain committed to transparency and broad international cooperation," he added.

 

Meantime, Putin condemned the "illegitimate" sanctions and economic policy "mistakes" of Western countries, which have led to "a wave of global inflation, the disruption of usual supply chains, and a sharp increase in poverty and food shortages."

 

The 25th SPIEF will be held in St. Petersburg from June 15 to 18. (IANS)

 

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