Russian economic forecast sharply improves

Sep 21st 2022 7:23am EDT

GDP is now expected to contract 2.9% in 2022, versus 4.2% projected earlier The decline in Russia’s GDP is expected to be much lower than previously thought, the country’s Economy Minister Maxim Reshetnikov said on Wednesday.  In an improved outlook, the ministry now sees the economy contracting by 2.9% this year and by 0.8% in […]

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