AKP Phnom Penh, 02 July, 2026--
The Russian economy has completed 80 percent of its adaptation to external shocks, Russian Deputy Prime Minister Alexander Novak said on Wednesday.
"When we talk about adaptation to external challenges, we arrive at that 80 percent figure," Novak said at the Bank of Russia Financial Congress.
"When it comes to the progress we are making toward technological sovereignty and technological leadership, I believe we are only halfway there," he added.
The deputy PM highlighted several key shifts in Russia's economic structure, notably the shrinking share of the fuel and energy complex.
"It previously accounted for roughly 18 to 20 percent of GDP. Today its share has dropped to 13 percent of GDP, while its proportion in federal budget revenues has tumbled all the way from 42 percent to 22 percent," he said.
According to Novak, Russia's investment-to-GDP ratio is projected to climb from the current 24 percent to 28 percent under official plans and forecasts.

AKP-Xinhua