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    Russian economy faces WIPEOUT as Putin braces for Soviet-era collapse –leaked Kremlin memo

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    By News Desk on May 10, 2022 News Briefing
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    Russian economy faces WIPEOUT as Putin braces for Soviet-era collapse –leaked Kremlin memo

    The Daily Express: RUSSIAN economy is in its worst state of the post-Soviet era as the country feels the continued bite of Western sanctions over Ukraine, a leaked forecast from the Russian finance ministry has revealed.

    In the revealed document, the ministry predicts a painful 12pc tumble in Russia’s GCDP for 2022. This is the most significant fall since Boris Yeltsin came to the helm in 1994 for the post-Soviet transition, and will see ten years of growth vanish.


    https://www.express.co.uk/news/world/1607906/russia-economy-news-leaked-Kremlin-memo-finance-ministry-UK-USA-sanctions-vladimir-putin

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