BBCNEWS World Business Report June 4, 2024 04:50:00
Effectively what the government has had to do is use its resources not for developing the economy offer big infrastructure projects or the development plans they have talked about, it is now using the money available to kinder provide employment subsidy, to make social payments, to keep the country stable as well as of course fund the conflict in ukraine. so the real impact is more in terms of russia's future development. the economy is now stagnant, it will not fall into crisis but it is not going to grow or expand either. thank you, chris from macro advisory speaking to us from moscow. stayi...