Putin: Russian oil and gas companies should use the additional income from energy exports to repay debt.

On March 23rd local time, Russian President Putin held a meeting on economic issues and made a series of speeches on the current economic situation. Putin stated that in January of this year, Russia's gross domestic product fell by 2.1% and industrial production decreased by 0.8%. Putin pointed out that currently Russia's inflation rate has stabilized at below 6%. Additionally, Russian oil and gas companies should use the additional income generated from energy exports to repay debts.