• $ 1.7
  • € 2.012
  • ₽ 0.022055
  • ₺ 0.0391
  • £ 2.3318

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 reports over 2B manats in tax revenues in January
Business 17:00
Azerbaijan reports over 2B manats in tax revenues in January
Scale beyond the limits: affordable microcredit up to 100,000 AZN
Business 16:00
Scale beyond the limits: affordable microcredit up to 100,000 AZN
Number of unique bank depositors in Azerbaijan nears 200,000
Business 18:00
Number of unique bank depositors in Azerbaijan nears 200,000
Azerbaijanis lose interest in the dollar
Business 17:30
Azerbaijanis lose interest in the dollar
Central Bank of Azerbaijan to Regulate Pawnshop and Leasing Sectors in 2026
Business 16:32
Central Bank of Azerbaijan to Regulate Pawnshop and Leasing Sectors in 2026
New Birbank Biznes tariffs for entrepreneurs: Minimize your expenses
Business 16:28
New Birbank Biznes tariffs for entrepreneurs: Minimize your expenses
Central bank governor says policy rate impact on deposits and loans is strengthening
Business 15:35
Central bank governor says policy rate impact on deposits and loans is strengthening
SOFAZ fulfils part of budget obligation in U.S. dollars
Business 15:00
SOFAZ fulfils part of budget obligation in U.S. dollars
Central bank forecasts GDP growth of 2.4% in 2026 and 2.9% in 2027
Business 14:30
Central bank forecasts GDP growth of 2.4% in 2026 and 2.9% in 2027
Anews TV

Our official Youtube channel

Subscribe