Russia's Putin says real incomes to fall around 3% in 2020
Reuters
Published Dec 17, 2020 04:30AM ET
MOSCOW (Reuters) - Russian President Vladimir Putin on Thursday said real incomes in Russia would fall around 3% in 2020, a consequence of the coronavirus pandemic, but that the banking sector was in a satisfactory condition.
Speaking at an annual press conference, Putin lamented the fall in incomes, but said banks were on course to make 1.3 trillion roubles ($17.9 billion) in profit this year.
($1 = 72.7650 roubles)
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Written By: Reuters
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