Why does the IMF predict strong Russian growth despite sanctions? | Business and economy

The IMF raises growth prospects for Russia and lowers expectations for the Eurozone.

The International Monetary Fund forecasts strong growth in the Russian economy this year, despite sanctions imposed over the invasion of Ukraine.

European countries are far behind Russia in the IMF’s growth forecasts.

What is behind these figures?

Presenter: Adrian Finighan

Guests:

Chris Weafer – managing director of strategic consultancy Macro-Advisory focused on Russia and Eurasia

Erlend Bjortvedt – founder of country risk analysis company Corisk; sanctions expert who has studied how Russian sanctions are flouted

Anatol Lieven – Director of the Eurasia Program at the Quincy Institute for Responsible Statecraft

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