Putin associated growth of poverty with errors of Western countries in economy

The long -term mistakes of Western countries in economic policy and sanctions led to global inflation, an increase in poverty and food deficiency. This was said by Russian President Vladimir Putin in his greeting to the participants, organizers and guests of the XXV St. Petersburg International Economic Forum, writes TASS.

“The anniversary meeting [PMEF] takes place at a difficult time for the entire international community. The long -term mistakes of Western countries in economic policy and illegitimate sanctions led to a wave of global inflation, to the destruction of the usual logistics and production chains, to a sharp increase in poverty and food deficiency. But, as it happens, the prospects are also opened together with the challenges. That is why the forum is so relevant – “New World – New Opportunities,” said Putin.