Top banker points to ‘shameful’ imbalance in Russia’s GDP

May 26th 2023 12:59pm EDT

The country’s small- and medium-sized businesses make up just one-fifth of the economy The head of Sber, Russia’s largest state-owned lender, has called the small proportion of small- and medium-sized enterprises (SMEs) in the Russian economy “shameful.” Small businesses account for just one-fifth of the country’s gross domestic product (GDP) and “it’s a shame,” Herman […]

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