The Russian economy has been through a lot. Over the last year, Western sanctions and crashing oil prices bruised the Russian economy. And this week was particularly bad. In an attempt to ...
Russia’s economy may continue to shrink in 2023. Its GDP is forecast to decline by 2.5% in the worst-case scenario (OECD) or by 0.2% according to the World Bank. The IMF expects growth in 2023 (0.7%).
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