This was written by journalist Adam Taylor in an analytical article for The Washington Post.
“Russian data suggests that the scale of the consequences may be less severe than many expected.
While Putin is not in Davos, Russia is not completely cut off from the world either.
The country's current account balance, that is, its measure of trade with the rest of the world, has grown over the past year in such a way that in normal times it would mean a year of rapid economic growth, ”the article says.
Meanwhile, the author notes that
In the long term, the Russian economy does not look rosy.
In his opinion, the positive trend is unlikely to continue.
“It is possible that sanctions will become stronger, oil and gas revenues will shrink even more, deficits will increase, and Russia’s combat resources will be depleted to the limit,” he added.
Earlier, Russian President Vladimir Putin said that the dynamics of the Russian economy in 2022 turned out to be better than the expectations of many experts.
According to him, the country's GDP in the face of unprecedented sanctions fell by only 2.5%, although earlier some experts predicted a decline of 10-20%.
More details in the material RT.