The Russian Ministry of Finance estimates the damage caused by western sanctions and lower oil prices to 4% of GDP. Oil price decreases from $110/barrel to $93 in the second quarter cost Russia $55 bln.(in Russian).
The Russian Ministry of Finance estimates the damage caused by western sanctions and lower oil prices to 4% of GDP. Oil price decreases from $110/barrel to $93 in the second quarter cost Russia $55 bln.(in Russian).