Russian central bank predicts return of Russian Economy to growth in mid-2023
Moscow [Russia], August 1 (ANI/Sputnik): The Russian economy will shrink year-on-year until mid-2023, and from the middle of next year and in 2024 it will grow at a recovery pace, according to the central bank's report on monetary policy.
"In general, by the end of 2022, according to the forecast of the Bank of Russia, GDP will contract by 4-6 per cent, which is somewhat better than the April estimates (8-10 per cent). In