On June 6, FINAM held an online conference on the topic “Russian Economy – the Truth About Recession”. During the discussion, issues of economic growth in Russia were discussed. Thus, according to the results of 2018, the Russian economy showed rather optimistic results, when GDP growth was 2.3%. For 2019 a less optimistic forecast is given.
The issue of sanctions was also discussed. According to experts, sanctions are certainly a negative factor in the Russian investment climate. Sanctions significantly reduce the competitiveness of Russian business both in Russia and abroad. In fact, sanctions form a new model of the economy, which is limited from the world economy by a number of factors, and this, in turn, limits its potential. Of course, it is possible and possible to live in conditions of sanctions. But the question of achieving potentially possible macro-indicators is being called into question.
EDSG experts took part in the discussions.