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Russia's central bank warns economy may shrink two years in a row
📈 Business

Russia's central bank warns economy may shrink two years in a row

Russia's central bank is warning that the country's economy could post negative growth for two consecutive years for the first time in three decades. Inflation is expected to return to the record levels seen in the first year of the war, and citizens will be forced to cut consumption. The National Wealth Fund faces the risk of being fully depleted, placing severe pressure on the government budget.

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