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IMF Slashes Russia’s Economic Forecast as Wartime Growth Slows

RUSSIA, JUL 30 – The IMF projects Russia's GDP growth to slow to 0.9% in 2025 due to tighter policies and falling oil prices, ending a brief wartime surge, the largest downgrade among major economies.

Summary by The Moscow Times
The International Monetary Fund has downgraded its forecast for the Russian economy, signaling the end of a short-lived wartime growth surge and forecasting a return to stagnation.

3 Articles

After two years of growth fueled by military spending, Russia’s economy is slowing sharply and risks slipping back into a prolonged period of stagnation, the International Monetary Fund (IMF) warned in its latest global economic report. According to the institution’s new estimates, Russia’s GDP will grow by just 0.9% in 2025, down sharply from the 4.1% growth recorded last year. For 2026, the IMF estimates a marginal increase of just 1%. Compare…

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The Moscow Times broke the news in Amsterdam, Netherlands on Wednesday, July 30, 2025.
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