ALEXEY VEDEV: "RUSSIAN ECONOMY PROVED TO BE ABLE TO WITHSTAND ANY PRESSURE"

TASS cites the opinion of Alexey Vedev, Doctor of Economic Sciences, Head of the Financial Studies Department at the Gaidar Institute, on what enabled the Russian economy to survive in 2022, and what could be expected of it in the future.

Most of the predictions made by reputable international organizations in the first half of this year pointed to the extremely dangerous consequences of sanctions pressure for the Russian economy. The scale of the recession promised to us was simply catastrophic, up to the ruin of the entire economy. But in real life, everything turned out differently. And it was not just a happy accident that Russia managed to avoid all the worst case scenarios. It happened thanks to the timely decisions adopted by the authorities.

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Tuesday, 22.11.2022