No risk of recession in Russia next year – central bank

Dec 15th 2023 11:34pm EST

The economy will grow 1.5% in 2024, the regulator forecast The Russian economy is not expected to go into a recession next year, the head of the central bank, Elvira Nabiullina, announced on Friday. The country’s GDP is forecast to grow by around 2.7% this year, driven by strong domestic demand. For 2024, the central […]

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