The International Monetary Fund (IMF) expects Russia to grow 3.2% this year, significantly more than the UK, France and Germany… Despite the Kremlin being sanctioned over its invasion of Ukraine, the IMF upgraded its January predictions for the Russian economy this year, and said while growth would be lower in 2025, it would be still be higher than previously expected at 1.8%.
I mean in the context of being completely cut off from trade with the west, it’s impressive, and especially considering how western economies are doing as a result of the decoupling.
The article isn’t that bullish.
https://www.bbc.com/news/business-68823399
That’s after shrinking 2.1% in 2022.
It’s not like you can say they’re having an economic miracle on the strength of a meme/screenshot.
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I mean in the context of being completely cut off from trade with the west, it’s impressive, and especially considering how western economies are doing as a result of the decoupling.