• $
  • £

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
Azerbaijan’s fruit and vegetable exports rise 19% in first half
Business 15:30
Azerbaijan’s fruit and vegetable exports rise 19% in first half
Azerbaijan ranks 84th globally for fixed broadband speed
Business 14:30
Azerbaijan ranks 84th globally for fixed broadband speed
AzerGold warns of fraudulent investment schemes and phishing attacks
Business 13:30
AzerGold warns of fraudulent investment schemes and phishing attacks
Dry weather forecast for Baku on July 17, showers expected in mountain areas
Business 12:30
Dry weather forecast for Baku on July 17, showers expected in mountain areas
Solve your everyday banking tasks with Birbank’s AI Assistant
Business 12:00
Solve your everyday banking tasks with Birbank’s AI Assistant
Azeri Light crude nears $87 a barrel
Business 10:58
Azeri Light crude nears $87 a barrel
Azerbaijan keeps official dollar rate unchanged at 1.7 manat
Business 10:30
Azerbaijan keeps official dollar rate unchanged at 1.7 manat
Discount campaign on first-time loans at Yelo Bank extended!
Business 17:12
Discount campaign on first-time loans at Yelo Bank extended!
Bank ABB and iTicket: an important step towards the development of lifestyle banking
Business 17:02
Bank ABB and iTicket: an important step towards the development of lifestyle banking
Anews TV

Our official Youtube channel

Subscribe