MOSCOW, Jan 3 40 percent, while the decline in the Russian economy is estimated to be ten times less, Ilmari Kähkö, a researcher at the Alexander Institute at the University of Helsinki, told Ilta-Sanomat. Russia «to its knees» and will affect its ability to fight. He suggested that there was “excessive optimism” on this issue.
“Given that GDP in Ukraine has fallen by perhaps 40 percent this year, in Russia we are still talking about four percent,” he complained. Kyahkö.
As Russian Prime Minister Mikhail Mishustin noted earlier, the period of the country's adaptation to the Western sanctions policy continues, but even now we can say that the negative predictions have not come true. «As the president recently noted, there is a recession in the economy, but the situation is better than in many other countries,» he said. The prime minister added that the Ministry of Economic Development predicts a reduction in GDP at the level of less than 3% by the end of the year. In October, the IMF in its report predicted a 3.4 percent decline in the Russian economy in 2022.
After the start of the Russian special operation in Ukraine, Western countries increased sanctions pressure on Moscow. As President Vladimir Putin noted, the policy of containment and weakening of Russia is a long-term strategy of the West, but it was not possible to undermine the financial stability of our country, and Europe itself reached a sanctions impasse.