Thu. Nov 14th, 2024

The military economy of the Russian Federation has passed its peak and is beginning to emerge, – Bloomberg

The military economy of the Russian Federation has passed its peak and is beginning to emerge, – Bloomberg

Photo: Ghall .com.ua

The growth of the Russian economy during the war has passed its peak. The epidemic is on track for a decline.

"The peak of the increase in the number of events, which has increased beyond everything, is in the middle of this fate. What will be the trajectory of growth in the coming life – open up the nutrition, so that you will be “like” or “zhorstka” planting for the economy,” said the famous economist Oleg Kuzmin, economist.

As Bloomberg writes, the growth of the economy in Russia was ensured by military production. However, while it continues to expand, it is not enough to compensate for the decline in other sectors of the economy.

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You should also note that the International Monetary Fund has lowered its forecast for the Russian economy and now to grow in 2025 The same 1.3% was equal to 1.5% earlier.

Tsikavo and those that in the spring the Russian production rate has decreased since the beginning of 2022. At the same time, the Russian economy grew by 2.4% in real terms. This is the most significant indicator of the recession that has come since Russia’s invasion of Ukraine in 2022.

It is clear that the expansion of the military-industrial sector will further strengthen forcing Russia into a war economy.

< Russians are already stuck with crisis interest rates, and on Friday the central bank may raise the base rate to 20% - the highest it will be in a few years after the start of the invasion. This is how they try to control inflation. Any downturn in the economy could lead to Russians “seeing economic pain,” which was largely due to sanctions imposed by the United States and its allies.

prepared by: Serhiy Daga

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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