Defying sanctions and pivoting East: Here’s why the Russian economy not only survived, but grew in 2023 ...News

Russia Today - Economy
Defying sanctions and pivoting East: Here’s why the Russian economy not only survived, but grew in 2023
source : Russia Today ( News ) () 238
GDP growth is set to outperform that of all major Western countries The Russian economy has been growing much faster than expected in 2023, despite numerous rounds of sanctions – in what many see a failure of Western policy. RT reviews the economic performance through the outgoing year. Adapting to sanctionsThe Russian economy has not only withstood Western restrictions, but has seen stronger growth through new trade ties and increased investment in domestic production. International experts and politicians have been questioning the effectiveness of sanctions, warning they could be harmful to the global economy.

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