Russia’s Finance Minister Anton Siluanov told Russian President Vladimir Putin on Aug. 27 that the country has lowered its annual economic growth forecast for 2025 from 2.5% to 1.5%, as the country’s wartime economy continues to falter.

Russia’s Finance Minister Anton Siluanov told Russian President Vladimir Putin on Aug. 27 that the country has lowered its annual economic growth forecast for 2025 from 2.5% to 1.5%, as the country’s wartime economy continues to falter.