The Russian economy is doing better than experts initially expected. The International Monetary Fund (IMF) significantly increased its growth expectations for 2023 and 2024 on Tuesday. The Russian central bank warned that inflation risks could increase further. After an economy that shrank by 2.2 percent in 2022, the IMF is now forecasting growth rates of 0.3 percent this year and 2.1 percent next year. Russia is likely to do better this year than Germany or the UK, for example. Originally, there were some forecasts that the Russian economy could collapse by at least ten percent in 2022.
Growth – Russian economy is doing better – Economy
