• $
  • £

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
Brent oil price exceeds $111
Business 12:00
Brent oil price exceeds $111
Azerbaijani oil is trading above $122
Business 11:00
Azerbaijani oil is trading above $122
US President expects fuel prices to go down after conflict with Iran over
Business 10:00
US President expects fuel prices to go down after conflict with Iran over
Kazakhstan’s KPI reports polypropylene shipment performance since launch
Business 09:00
Kazakhstan’s KPI reports polypropylene shipment performance since launch
SOCAR produced 1.67 million tonnes of oil, 1.85 bcm of gas in the first quarter
Business 18:00
SOCAR produced 1.67 million tonnes of oil, 1.85 bcm of gas in the first quarter
Russia becomes top market for Azerbaijan’s non-oil exports
Business 17:30
Russia becomes top market for Azerbaijan’s non-oil exports
EBRD investments in Azerbaijan reach 3.7 billion euros
Business 17:00
EBRD investments in Azerbaijan reach 3.7 billion euros
Azeri Light tops $120 per barrel
Business 16:30
Azeri Light tops $120 per barrel
Nar became a partner of an international social initiative
Business 16:14
Nar became a partner of an international social initiative
Anews TV

Our official Youtube channel

Subscribe