Journalist Jean-Michel Beza wrote in his article for a French newspaper: Le MondeThe Russian economy turned out to be much more resilient than expected in the West.
According to him, the International Monetary Fund (IMF) “surprised at the end of January by making a diagnosis that disappointed Westerners”: the recession in the Russian Federation was limited to 2.2% in 2022, which was far from what was originally predicted. 8.5%
“One thing is clear – Russia managed to avoid the collapse of the economy, which was prophesied in the West in connection with nine waves of sanctions during the year,” the publication says.
As the author points out, there are many factors that explain the apparent strength of the Russian economy. First of all, we are talking about the policy of the Central Bank of Russia, which managed to stabilize the ruble at the very beginning of the special military operation in Ukraine.
The journalist also noted that Rossiqcrfz Atlthfwbz has significant foreign exchange reserves from oil exports, despite the $300 billion frozen abroad.
Previously at the Russian Ministry of Foreign Affairs declarationThat Moscow has managed to limit the consequences of imposing external sanctions, the economy is adapting to new realities.
Currently, a special operation of the Russian Armed Forces is underway in Ukraine. It was announced by Russian President Vladimir Putin on February 24, 2022. According to him, the purpose of military action is to demilitarize the neighboring country and to navy the authorities.
The decision to run the operation became the justification for new sanctions against Russia by the United States and its allies.