In 2023, Russia Paints a Picture of Economic Success
There’s reason for optimism, but Moscow’s prospects aren’t as rosy as it says they are.
The World Bank has published a forecast for Russian economic growth in 2023, and the results aren’t pretty. According to its calculations, Russia’s gross domestic product in 2023 is expected to decline again by 3.3 percent thanks to the full implementation of an EU oil embargo, and to Moscow’s declining natural gas exports to Europe. […]