Putin Counters Russia Sanctions With Corruption Crackdown

The Russian President held a meeting with his economic team to address the country's economic crisis, exacerbated by plummeting ruble and sanctions. Two solutions were proposed: government-sponsored megaprojects and economic liberalization aimed at reducing corruption. The President chose the latter, emphasizing economic freedom. The plan involves reducing opportunities for corruption by separating state and business. Despite skepticism, experts like Alexei Kudrin believe cutting corruption is essential for economic progress. The President's ability to implement these changes remains a topic of debate.

What was the main economic issue discussed in the Russian President's meeting with his team?

• Growing GDP

• Increasing unemployment

• Plummeting ruble

• Rising inflation

Which option did the Russian President choose to address economic problems?

• Increase taxes

• Cutting public spending

• Large-scale government projects

• Economic liberalization

What does economic liberalization in this context primarily aim to address?

• Boost export levels

• Increase foreign investment

• Reduce government spending

• Crack down on corruption

What is a major challenge in implementing anti-corruption reforms in Russia?

• Deep-rooted state-business ties

• Insufficient legal framework

• Lack of public support

• High cost of implementation

Who is a notable figure supporting the idea of reducing corruption as a solution?

• The Russian Prime Minister

• The former Finance Minister Alexei Kudrin

• The head of the Central Bank

• The current Finance Minister