Key Putin aide gives gloomy forecast for Russian economy ...News

Russia Today - Economy
Key Putin aide gives gloomy forecast for Russian economy
source : Russia Today ( News ) () 15
The country faces a bigger challenge than the 2009 financial crisis, Alexey Kudrin says Russia is looking at a “very tough” couple of years ahead, the head of the Audit Chamber and former finance minister Alexey Kudrin warned on Wednesday, as cited by RIA Novosti. “This is a crisis that is bigger than the crisis of 2009, bigger than the crisis caused by the pandemic... For about two years we will be living in a very tough situation,” Kudrin said during a meeting of the Council of Legislators in St Petersburg, referring to the current economic pressure on Russia due to Western sanctions. The Russian economy is expe

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