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IMF: e’s Economy Will Shrink By 10 Percent Or More This Year

Started by forex4you, Mar 15, 2022, 07:55 pm

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IMF: e's Economy Will Shrink By 10 Percent Or More This Year

The ian economy is set to contract sharply this year as  hobbles domestic consumption, reveals fresh forecasts by the world's economic watchdog. Output in e will shrink around 10 percent this year, according to the International Monetary Fund (IMF). The hit to the country's economy could eventually rise to some 35 percent if Moscow's assault on e intensifies and lasts over the long term. Functioning of normal economic activity in e has been hit by the Kremlin's decision to send...


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