• $ 1.7
  • € 1.9778
  • ₽ 0.021676
  • ₺ 0.0394
  • £ 2.282

Russian economy might shrink 12% this year

Russian economy might shrink 12% this year
10.05.2022 10:30
The Russian government expects a 12% decline in the country's economy this year, reported from Bloomberg. 

If the agency's expectations are lived up, it will be the largest decline in Russia's GDP since 1994. This, in turn, means that Russia's economic development over the past decade will be equal to zero.

www.anews.az
Similar news
Similar news
Subway enters Azerbaijan under new master franchise agreement
Business 17:20
Subway enters Azerbaijan under new master franchise agreement
Moscow expects visit by Trump representatives — Kremlin
Business 16:00
Moscow expects visit by Trump representatives — Kremlin
Azeri Light crude prices rise on global markets
Business 15:30
Azeri Light crude prices rise on global markets
Gold prices steady near record highs amid geopolitical tensions
Business 14:30
Gold prices steady near record highs amid geopolitical tensions
Kazakhstan oil exports via Baku–Tbilisi–Ceyhan pipeline fall 11% in 2025
Business 12:58
Kazakhstan oil exports via Baku–Tbilisi–Ceyhan pipeline fall 11% in 2025
Kazakhstan boosts oil exports to Germany via Druzhba pipeline by 44%
Business 12:30
Kazakhstan boosts oil exports to Germany via Druzhba pipeline by 44%
Azerbaijan’s social protection fund budget up 9% in 2025
Business 16:00
Azerbaijan’s social protection fund budget up 9% in 2025
The country’s first bank leads in total income in 2025:
1 billion 881 million 674 thousand manats
Business 10:06
The country’s first bank leads in total income in 2025: 1 billion 881 million 674 thousand manats
Azerbaijan central bank publishes daily currency rates
Business 10:00
Azerbaijan central bank publishes daily currency rates
Anews TV

Our official Youtube channel

Subscribe