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Russia slashes 2025 economic growth forecast to 1.5% from 2.5%

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MOSCOW (Reuters) -Russia sees economic growth in 2025 slowing to 1.5%, far below the earlier 2.5% forecast, as high interest rates imposed to reduce inflation have stifled borrowing, Finance Minister Anton Siluanov told President Vladimir Putin on Wednesday.

 

Economy Minister Maxim Reshetnikov warned in June that Russia was on the brink of slipping into recession unless monetary policy changed.

 

Russian GDP grew by 1.1% in the second quarter of 2025 compared with 4.0% growth in the same period last year, federal statistics service Rosstat said earlier this month.

According to the International Monetary Fund, Russia's economy is now expected to expand by 0.9% this year, compared with its previous view of 1.5% growth.

With the economy slowing but Russia still spending vast sums on the war in Ukraine, Moscow will probably have to raise taxes and cut spending.

 

https://www.msn.com/en-gb/money/other/russia-slashes-2025-economic-growth-forecast-to-1-5-from-2-5/ar-AA1LkaWa?ocid=msedgdhp&pc=EDGEXST&cvid=f0fc57866c3147ef9d1f33daf1276ca1&ei=18

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Yeah, let's stalk Russia's economy now.

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Just now, save the frogs said:

Yeah, let's stalk Russia's economy now.

Bring it down Donald, high (beautiful) tariffs on any country that buys Russian oil.

Sell Ukraine weapons to paralyse its infrastructure, railways, oil refineries, etc.

You reap what you sow Vladimir, you sorry POS.

11 hours ago, bannork said:

Bring it down Donald, high (beautiful) tariffs on any country that buys Russian oil.

Sell Ukraine weapons to paralyse its infrastructure, railways, oil refineries, etc.

 

Yeah, man. 
 
See the paid-off local bottom feeders
passing themselves off as leaders
kiss the ladies shake hands with the fellows
open for business like a cheap bordello
And they call it democracy

 

 

The numbers will soon improve in Russia,  when the USA starts to craftily buy all the cheap russian gas or oil  that will be resold at highly inflated rates to Europe and the UK. No worries for the players. 

In reality I bet it is less then zero.

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