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Russian finance minister says GDP expected to grow 3.6% in 2024, matching 2023's rate

The announcement followed comments earlier in the week from finance ministry official Lev Denisov, who said that the initial 2.3% estimate would be revised upwards due to the "strong growth of the economy" at the beginning of 2024. ....

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Meet the woman who engineered Russia's wartime economy and helped secure another term for Putin

Once feted among her international peers, Russian central bank governor Elvira Nabiullina is now seen as a complicit participant in the Ukraine war. ....

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3 ways Russia's war-time economy is set to weaken after a surprisingly strong 2023

Russia's economic growth spurt in 2023 isn't sustainable, a think tank at the Bank of Finland said in a report. ....

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'Porous' sanctions haven't stopped Russia's war, but there's still more the West can do to squeeze its economy

Analysts said the current "porous" sanctions give Moscow many escape routes, and western countries can amp up pressure with strategic moves. ....

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Russia loses US$170 billion of potential exports due to sanctions

Russia's economy stabilised two years after the outbreak of war, but the war and sanctions continue to have a significant impact on its development: Russia has lost US$170 billion in potential export revenues. ....

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