28.04.2023, 21:42
The IMF said that the Russian economy was more resistant to sanctions than the West expected
Source: OREANDA-NEWS
OREANDA-NEWS Russia has coped better with external sanctions pressure than expected, according to a report by the International Monetary Fund on the economic situation in Europe.
They attributed the "unexpectedly strong results" at the end of last year to the stability of oil exports. In addition, against the background of rising prices, the Russian oil and gas industry managed to maintain supply volumes.
At the same time, the IMF expects a sharp decline in tax revenues in 2023 due to falling oil and gas prices. At the same time, GDP, according to the fund's forecasts, will grow by 0.7 percent.
According to the Russian presidential aide Maxim Oreshkin, the growth of Russian GDP by the end of this year will be from one to two percent.
They attributed the "unexpectedly strong results" at the end of last year to the stability of oil exports. In addition, against the background of rising prices, the Russian oil and gas industry managed to maintain supply volumes.
At the same time, the IMF expects a sharp decline in tax revenues in 2023 due to falling oil and gas prices. At the same time, GDP, according to the fund's forecasts, will grow by 0.7 percent.
According to the Russian presidential aide Maxim Oreshkin, the growth of Russian GDP by the end of this year will be from one to two percent.
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