russia\s central bank forecasts 2014 growth below 10
Monday 7 July 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Russia\'s central bank forecasts 2014 growth below 1.0%

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Russia\'s central bank forecasts 2014 growth below 1.0%

Moscow - AFP

Russia's Central Bank chief warned on Wednesday that economic growth was likely to slow to less than one percent in 2014, lowering its previous forecast. "Currently we believe that realising our prognosis on growth in 2014 that we presented last year is hardly probable," Central Bank chief Elvira Nabiullina said, Russian agencies reported. "We thought that growth would be between 1.5 percent and 1.8 percent, but now it is more likely that growth will slow to less than 1 percent," she said. Nabiullina had still predicted growth of between 1.5 percent to 1.8 in mid-February this year shortly before Russia sent troops into Crimea. Russian economy, already staggering due to a weakened ruble and falling foreign investment, has been damaged further by Moscow's annexation of the peninsula, which resulted in targeted Western sanctions and stock market's slump by 6.0 percent in March. Economy minister Alexei Ulyukayev said late last month that Russia could see growth of just 0.6 percent this year with capital flight reaching $100 billion. Former finance minister Alexei Kudrin this month offered an even more dire prognosis of growth "around zero", calling it the price of an "independent foreign policy." The World Bank last Wednesday said that a long-drawn-out crisis in Ukraine could lead to Russia's economy contracting by up to 1.8 percent in 2014.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

russia\s central bank forecasts 2014 growth below 10 russia\s central bank forecasts 2014 growth below 10

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

russia\s central bank forecasts 2014 growth below 10 russia\s central bank forecasts 2014 growth below 10

 



GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 05:17 2024 Wednesday ,07 February

Amazon to open first cashierless shop

GMT 11:14 2017 Saturday ,22 July

Smiley face found on ancient pot in Turkey

GMT 00:49 2017 Friday ,13 January

Meet Cats choreographer Gillian Lynne

GMT 09:57 2016 Tuesday ,08 November

Marks and Spencer: To shut 100 stores in overhaul

GMT 06:37 2012 Wednesday ,21 March

Toxins found in cheap jewellery

GMT 10:30 2015 Monday ,02 March

Designer to the stars dresses disabled catwalk

GMT 08:57 2017 Wednesday ,10 May

Counter terrorism strategies should be compliant

GMT 20:48 2017 Wednesday ,22 March

Sisi reiterates Egypt's support for Lebanon

GMT 06:59 2017 Sunday ,22 October

Philippines' Duterte says he will shoot criminals

GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 09:36 2018 Wednesday ,10 January

Iran investigates death of young man in custody

GMT 08:51 2017 Tuesday ,15 August

HAAD implements next stage of healthcare reforms

GMT 20:22 2017 Monday ,27 November

Army attacks Saudi-paid mercenaries’ sites in Marib

GMT 08:56 2017 Thursday ,13 July

Reasons of price increase of services

GMT 08:13 2017 Sunday ,13 August

Abdul Hussain Abdul Redha passes away
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice