The Economist publish a study that reveal another reason

Gradually over the course of 2022,” Ankindinova explain. “This was accompani by an increase in prices on the world market, the level of which, even taking into account the discount on Russian oil, made it possible to increase and oil and gas revenues to the feral budget.” In the meantime, pessimistic forecasts suggest the rapid imposition of sanctions in the form of a complete embargo on Russian energy resources. Some Western analysts warn about the stability of the Russian economy in early February 2022. Bloomberg Economics analyst Scott Johnson wrote that high oil and gas prices would help Russia offset losses from sanctions on trade.

The nominal volumes of exports

Investment and banking operations. The record reserves Morocco Phone Number List accumulat by the Russian Central Bank, as well as a budget surplus and a modest public debt of 18%, one of the lowest rates among major economies, also testifi in favor of the strength of the economy, Bloomberg drew attention . In the summer of 2022,  for the stability of the Russian economy: its low dependence on foreign players. Even before the imposition of the 2022 sanctions, only 0.3% of Russians work for American-born companies, compar to 2% in develop countries.“In reality, the restrictions were negotiat slowly and came into force.

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The trend and not having a decisive impact

The volume of foreign investment in Russia in the USA CFO tast pre-COVID year – in 2019 – amount to 30% of GDP. The global average at that time was 49%, The Economist points out. Thus, the relative isolation of the Russian economy continu to accumulate until 2022. Sanctions reinforc this isolation, continuing on the economy. At the same time, Bloomberg analysts expect the ruble to weaken by 20%. And if in March the Russian currency really fell against the dollar and the euro, by the end of spring the ruble had strengthen so much that it became more expensive than before the imposition of sanctions.

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