Moscow's economic advancement has earned a favorable evaluation from Vladimir Putin.
Hear Ya Go:
In a nod to Moscow's economic might, Vlad the Impaler, or Putin as you may know him, shared his sentiment that the city's wealth, second only to New York in purchasing power, plays a significant role in tackling social issues. He wasn't kidding; according to the info we've got, that's damn true!
Sergey Sobyanin, the man in charge of Moscow, bragged that even the evil pandemic and the crippling sanctions didn't take a bite out of Moscow's economic growth over the past couple years. In fact, their GDP was soaring, landing them snugly in the top three global city economies, right behind New York's colossal GDP. From what we hear, Shanghai and Tokyo weren't too far behind.
Now, here's where it gets interesting. According to reports, Moscow props up 21% of Russia's economy. But, let's not forget the financial sector, which isn't included in that figure, employed over half a million people in the capital city. In the last six years, Moscow's tech sector's turnover more than quadrupled, and the processing industry almost tripled. Not bad, eh?
Putin's been singing Moscow's praises for a while now, calling it an investment heaven, especially in tech, industry, science, and education. He also mentioned the city's attractive "life quality" and the opportunities it offers for its residents. Sounds like a pretty sweet deal to us!
So, there you have it. Moscow, one of the world's top-tier economic powerhouses. Keep an eye on those guys; they've got the potential to give other cities a run for their money.
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- #Vladimir Putin
- #Sergey Sobyanin
- Moscow's financial dominance, with a trillion-dollar GDP, has been instrumental in helping Russia maintain its economic stability, including offsetting the impact of hindrances like the pandemic and sanctions.
- Despite facing challenges, Moscow's business sector has thrived, with the tech and processing industry growing significantly, contributing to over half a million job opportunities.
- Including the financial sector's contribution, Moscow accounts for a substantial portion of the Russian economy, with estimates suggesting it contributes 21% to the country's overall GDP.
- In addition to its economic prowess, Moscow presents attractive opportunities in tech, industry, science, and education, which Vladimir Putin, among others, praise for their potential to finance and foster growth in these sectors.
