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Russian economy expected to grow despite Ukraine war fallout

Russia’s economy will unexpectedly grow this year despite the war in Ukraine, according to a new forecast.

The European Bank for Reconstruction and Development (EBRD) estimates the Russian economy will see 1.5% growth.

A previous forecast suggested it would contract by a similar figure, though the country is proving far more resilient than expected in the face of Western sanctions.

 

Source: euronews

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