German Gref, head of Sberbank, believes the Russian economy will shrink by about 4.5% this year, at a press conference at the WEF.
In June, Gref said he expects a decline in the local economy at the end of the year and a decline in 2023, while he expects growth in 2024.
“Today, our GDP forecast for this year is about minus 4.5%. “This is much more optimistic than the forecasts created at the beginning of the crisis,” he said.
Gref, China inevitably Will be a key Russian partner, in connection with this, the dollar’s influence on the Russian economy will gradually fade in favor of the yuan.
Former press secretary of the President of the Russian Federation Dmitry Peskov declarationHe said the Russian economy will shrink by a little more than 2% by the end of 2022.