• $
  • €
  • ₽
  • ₺
  • £

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
Kazakh firm eyes Armenian rail links
Business 15:00
Kazakh firm eyes Armenian rail links
Baku railway station serves 5.3M passengers
Business 14:30
Baku railway station serves 5.3M passengers
Consolidated budget revenues hit 36.7B manats
Business 14:00
Consolidated budget revenues hit 36.7B manats
State budget revenues hit 29.3B manats
Business 13:30
State budget revenues hit 29.3B manats
Kapital Bank expands access to international investment markets through bond placement
Business 12:03
Kapital Bank expands access to international investment markets through bond placement
Pashinyan highlights rail transit via Azerbaijan
Business 12:00
Pashinyan highlights rail transit via Azerbaijan
Azeri Light jumps to $133.23
Business 11:28
Azeri Light jumps to $133.23
Gold futures surge to $4,204
Business 11:00
Gold futures surge to $4,204
Central Bank sets daily exchange rates
Business 10:30
Central Bank sets daily exchange rates
Anews TV

Our official Youtube channel

Subscribe