• $
  • £

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
The “Summer Challenge” Summer Internship Program has started!
Business 10:46
The “Summer Challenge” Summer Internship Program has started!

Azeri Light crude rises above $81 per barrel
Business 10:30
Azeri Light crude rises above $81 per barrel
Calls to the Women Helpline double in the first half of 2026
Business 16:30
Calls to the Women Helpline double in the first half of 2026
Russia to ship 490 tons of wheat to Armenia via Azerbaijan
Business 16:00
Russia to ship 490 tons of wheat to Armenia via Azerbaijan

Azerbaijan introduces new incentive for private sector outside the oil and gas industry
Business 12:30
Azerbaijan introduces new incentive for private sector outside the oil and gas industry
Oil prices rise 4% amid Middle East escalation
Business 12:00
Oil prices rise 4% amid Middle East escalation
CBA currency exchange rates
Business 11:30
CBA currency exchange rates
Transfer your credit to Yelo and get up to a 2% discount!
Business 09:06
Transfer your credit to Yelo and get up to a 2% discount!
ING says Azerbaijan may keep interest rate at 6.5% for years
Business 17:00
ING says Azerbaijan may keep interest rate at 6.5% for years
Anews TV

Our official Youtube channel

Subscribe