Putin says Ukrainian attacks on Russian facilities have no severe impact

Russian President Vladimir Putin said that attacks on industrial facilities and infrastructure in Russia have caused damage but have not resulted in severe consequences.

Putin added that infrastructure continues to operate efficiently, noting that the Russian economy grew by 0.6% in the first half and 1.3% in the second quarter of 2024, with an economic plan in place through 2030 to support efficiency, according to Sputnik news agency.

During a meeting of the Strategic Development Council, Putin stressed that Russia's economy is affected by several factors, including external pressures and attacks on industrial facilities and infrastructure, but said there have been no serious consequences from such attacks, nor will there be.

Putin downplayed the impact of Ukrainian strikes, which have targeted oil refineries and commercial warehouses belonging to Wildberries, Russia's largest online retailer. He explained that the goal is to achieve sustainable growth in capital investment, modernize production facilities, and increase labor productivity by relying on new technologies, including autonomous systems, industrial robots, digital platforms, and artificial intelligence solutions, especially given labor shortages in some sectors.