This audio is created with AI assistance
International Monetary Fund Chief Economist Pierre-Olivier Gourinchas told AFP in an interview that higher energy prices are keeping Russia afloat despite Western sanctions. And while the IMF has upgraded Russia's GDP estimate by 2.5 percentage points, its economy is expected to shrink by 6 percent. "That's still a fairly sizable recession in Russia in 2022," Gourinchas said.
Let’s see how far we can go?
We’ve been amazed by your support. We’ve reached our initial goal of finding 1,000 new paying members. We still have till the end of our birthday campaign — with more support, we can do even more good journalism. Over 13,000 people are standing behind us. Can we count on you, too?
(Updated: )
