Russia developing satisfactorily: Putin

President Vladimir Putin today said Russia’s economy was growing at a satisfactory tempo, reeling off a string of positive statistics and hailing his government’s efforts to keep inflation in check and increase foreign investment.

“Success in any country is determined first of all by what happens in the economy,” the Russian leader said, speaking during his annual nationally-televised, question-and-answer broadcast – his fifth such appearance since coming to office in 2000.