• $
  • €
  • ₽
  • ₺
  • £

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
Enercon explores wind turbine production in Azerbaijan
Business 13:30
Enercon explores wind turbine production in Azerbaijan
Germany’s VNG seeks to increase Azerbaijani gas imports
Business 13:00
Germany’s VNG seeks to increase Azerbaijani gas imports
Investment decision on Caspian-Black Sea-Europe green energy corridor expected in 2029
Business 12:30
Investment decision on Caspian-Black Sea-Europe green energy corridor expected in 2029
Azerbaijan’s Alat free zone plans to boost cargo airport capacity to 2 mln tonnes
Business 12:00
Azerbaijan’s Alat free zone plans to boost cargo airport capacity to 2 mln tonnes
Azerbaijan pitches regional hub to German firms
Business 11:30
Azerbaijan pitches regional hub to German firms
Crypto market posts mixed performance
Business 11:00
Crypto market posts mixed performance
Oil rises on Middle East risks
Business 10:29
Oil rises on Middle East risks
Gold slips as dollar firms
Business 09:59
Gold slips as dollar firms
Trump warns of global diesel crisis
Business 09:30
Trump warns of global diesel crisis
Anews TV

Our official Youtube channel

Subscribe