AGL 38.00 Decreased By ▼ -0.02 (-0.05%)
AIRLINK 206.87 Increased By ▲ 9.51 (4.82%)
BOP 9.62 Increased By ▲ 0.08 (0.84%)
CNERGY 6.03 Increased By ▲ 0.12 (2.03%)
DCL 9.00 Increased By ▲ 0.18 (2.04%)
DFML 37.13 Increased By ▲ 1.39 (3.89%)
DGKC 96.80 Decreased By ▼ -0.06 (-0.06%)
FCCL 35.65 Increased By ▲ 0.40 (1.13%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.48 Increased By ▲ 0.31 (2.35%)
HUBC 128.50 Increased By ▲ 0.95 (0.74%)
HUMNL 13.70 Increased By ▲ 0.20 (1.48%)
KEL 5.40 Increased By ▲ 0.08 (1.5%)
KOSM 7.09 Increased By ▲ 0.09 (1.29%)
MLCF 44.99 Increased By ▲ 0.29 (0.65%)
NBP 60.56 Decreased By ▼ -0.86 (-1.4%)
OGDC 216.50 Increased By ▲ 1.83 (0.85%)
PAEL 40.79 Increased By ▲ 2.00 (5.16%)
PIBTL 8.40 Increased By ▲ 0.15 (1.82%)
PPL 193.85 Increased By ▲ 0.77 (0.4%)
PRL 39.69 Increased By ▲ 1.03 (2.66%)
PTC 26.75 Increased By ▲ 0.95 (3.68%)
SEARL 107.20 Increased By ▲ 3.60 (3.47%)
TELE 8.50 Increased By ▲ 0.20 (2.41%)
TOMCL 36.22 Increased By ▲ 1.22 (3.49%)
TPLP 13.67 Increased By ▲ 0.37 (2.78%)
TREET 23.00 Increased By ▲ 0.84 (3.79%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 33.27 Increased By ▲ 0.30 (0.91%)
WTL 1.69 Increased By ▲ 0.09 (5.63%)
BR100 11,942 Increased By 215.3 (1.84%)
BR30 36,911 Increased By 534.7 (1.47%)
KSE100 112,010 Increased By 2497.1 (2.28%)
KSE30 35,290 Increased By 776.6 (2.25%)

MOSCOW: President Vladimir Putin conceded Wednesday that sanctions imposed on Russia for its intervention in Ukraine could bring about "negative" consequences for the country, after insisting Moscow was adapting to the penalties.

"The sanctions imposed against the Russian economy in the medium term could really have a negative impact," Putin said in a televised meeting with the government.

IAEA chief arrives at Ukraine nuclear plant held by Russia

Western capitals have imposed unprecedented sanctions on Moscow after Putin launched his operation in Ukraine over a year ago.

Putin has repeatedly said that Russia is weathering the barrage of economic sanctions, which in particular targeted its oil and gas exports.

The Russian leader said Wednesday that unemployment in the country "remains at an all-time low," while inflation is expected to "drop below four percent" by the end of March after soaring in spring last year.

He added however that "the return to a growth trajectory should not make us feel relaxed.

"We need to support and strengthen the positive trends in our economy, increase its efficiency, ensure technological, personnel and financial sovereignty," he said.

Putin called on the government to "act quickly and without unnecessary bureaucracy and delays".

Comments

Comments are closed.