The Russian economy is rapidly falling to its knees - Podolyak

The Russian economy is rapidly falling to its knees - Podolyak

The Russian economy is rapidly falling to its knees - Podolyak

Mikhail Podolyak, advisor to the head of the Office of the President, commented on the statement of the Russian Accounting Chamber. He stated that the economy of the occupants is rapidly falling to its knees. Podolyak wrote about it in Twitter.

It is worth noting that according to the head of the Russian Accounting Chamber Alexei Kudrin, the next two years will be "very difficult" for the economy of their country.

According to the baseline scenario, Russians can expect an 8.8% drop in GDP. Meanwhile, conservative forecasts estimate a drop of 12.4% this year alone.

"Kudrin, chairman of the Russian Accounts Chamber, is chagrined to say that the Russian economy will face a "very difficult situation" in the next two years. Why, did it happen? It's as if everything was "according to plan"? Or maybe the "plan" talked about the imminent fall of Russia's GDP to its knees?