Russia prioritizes enhancing economic sovereignty


(MENAFN) Russia’s Security Council declared on Saturday that it considers reinforcing financial sovereignty as number one urgency, and is looking to disturb Western efforts to provoke a monetary crisis in the nation.

The Council at the moment is working on “improving the quality of life of Russians, ensuring macroeconomic stability and the balanced territorial development of the country.”

“Developing measures aimed at blocking Western attempts to stage-manage an economic crisis in Russia, which carries the threat of social instability in the country, also acts as a principal focus,” the Security Council stated in a declaration viewed by a news agency.

The United States, the European Union as well as their associates have presented several phases of unparalleled restrictions on Russia since the beginning of Moscow’s army attack in Ukraine. The consequences have impacted whole divisions of the Russian economy, as well as businesses and individuals, along with Leader Vladimir Putin.

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