The recession of the Russian economy is over, Prime Minister Vladimir Putin said on Tuesday.
"In 2010, the GDP should grow by 3.1%. Preliminary results of the first quarter of 2010 are encouraging as industrial growth is at 5.8% and real income of the population has increased by 7.4%," Putin said during his address to the lower house of the Russian parliament, the State Duma.
"These figures tell us that the recession of the Russian economy is over. Moreover, we have a good starting point to move forward," he added.
MOSCOW, April 20 (RIA Novosti)