IMF downgrades Russia's growth forecast - Eastern Express - TVP WORLD

On this episode of Eastern Express we discuss the state of Russian finances. Russia’s wartime economy, once strengthened by defense spending and resilient in the face of sanctions, is now showing clear signs of strain. In a stark shift, the International Monetary Fund has downgraded its growth forecast for the country, citing weakening industrial output, softer employment, and falling oil revenues. To discuss the topic further, TVP World was joined by Mark McNamee, Co-Founder of the Ukraine Business News Network.