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Russian Economy Doing Better Than It Looks, Report Suggests

30 Sep 2019

• 30 Sep 10:18

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Current growth statistics could paint a more negative picture on Russia’s economy than the country’s performance and investment landscape deserves, according to the latest Outside the Boxreportby Novosibirsk-based finance groupBCS Global Markets. Russia’s economic performance is in a strong position overall, despite current GDP figures, which – as seen in previous years – could be revised up, suggests the report, the second of its kind in collaboration with leading Russian analysts Alexander Kudrin and Evgeny Gavrilenkov. “Declining consumer demand and Russia’s so-called two-tier economy – whereby banks, mining. Read more...