The IMF’s Controversial Russian Forecast, Explained ...Middle East

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The IMF’s Controversial Russian Forecast, Explained
source : OILPRICE ( Middle East ) () 36
For more than a year now, Russia's economy has been pummeled by a series of Western sanctions aimed at punishing Moscow for its invasion of Ukraine.So when the International Monetary Fund (IMF) predicted the economy would in fact grow in 2023 -- a meager 0.3 percent, but growth nonetheless -- the Washington-based lender raised eyebrows among Russia watchers and economists.For some, the conclusion suggested something troubling: a whitewash, or a willing parroting of Russian statistics whose credibility was already in question.The controversy comes…

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