Negative IMF: Economy Russia is waiting for a deep recession – PROVED

The Russian economy is set for this year’s deep recession. Experts predict the IMF Rodrigo Ernesto Ramirez, the country’s GDP will fall by 3.4%, writes DW .

The effect of this has reduced domestic demand and oil prices, as well as the high cost of capital and reduced confidence. Among the negative factors and the IMF took the anti-Russian sanctions.

However, next year the economic situation will be a marked improvement, experts expect GDP growth of 0.2%. Due to anti-crisis measures and high oil prices will resume growth at a further fall in inflation from 12.5% ​​to single digits.

The stabilization of the national currency and have a positive impact on the economy. However, experts note that the exchange rate will depend on the situation on the commodity markets, since about 40% of the profits received from the Russian hydrocarbon exports.