• $
  • €
  • ₽
  • ₺
  • £

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
A New World of Sportson Kinon TV: Azercell launches “Setanta Sports& TV” Pack
Business 19:53
A New World of Sportson Kinon TV: Azercell launches “Setanta Sports& TV” Pack
Azerbaijan Banks Association introduces risk-based cap on payment card issuance
Business 17:29
Azerbaijan Banks Association introduces risk-based cap on payment card issuance
11 cooperation agreements signed at 2nd Azerbaijan International Investment Forum
Business 16:30
11 cooperation agreements signed at 2nd Azerbaijan International Investment Forum
JoinYeloBank’s business campaign with 0% commission!
Business 15:51
JoinYeloBank’s business campaign with 0% commission!
President Aliyev receives Neuberger Berman CEO George Walker
Business 15:30
President Aliyev receives Neuberger Berman CEO George Walker
President Aliyev highlights strategic value of Zangezur Corridor
Business 14:28
President Aliyev highlights strategic value of Zangezur Corridor
Azerbaijan and Syria to establish joint Business Council
Business 14:00
Azerbaijan and Syria to establish joint Business Council
Mikayil Jabbarov: Middle Corridor trade flows could triple by 2030
Business 12:29
Mikayil Jabbarov: Middle Corridor trade flows could triple by 2030
Azerbaijan banking sector assets rise 12.2% year-on-year
Business 12:00
Azerbaijan banking sector assets rise 12.2% year-on-year
Anews TV

Our official Youtube channel

Subscribe