“Forecasts of what will happen in the future (with the Russian economy. -
RT
) remain incredibly stable, stable and gloomy,” RIA Novosti quotes her.
Blanchard noted that according to "the most optimistic forecasts", the Russian economy by 2030 will be 20% smaller than if the country had not launched a special operation in Ukraine.
According to the specialist, economic growth will depend on changes in oil demand and Russia's efforts to offset the negative effects of monetary and fiscal policy.
Earlier, Blanchard announced the possibility of adjusting the established marginal price for Russian oil if the goals set, which are to reduce Russia's revenues, are not achieved.
Russian Deputy Prime Minister Alexander Novak warned that Russia would not supply oil and oil products to countries that introduced energy price ceilings.