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TASS — Domestic demand to become main source of GDP growth in Russia in 2021-2023, says ministry

Summary:
Russia is joining China in developing the domestic economy as the driver of GDP.Russia and China are also increasing trade, reducing dependence on the others.Both countries are restructuring their economies owing to sanctions and increasing their strategic alliance economically as well as militarily.TASSDomestic demand to become main source of GDP growth in Russia in 2021-2023, says ministrysee alsoFinances improving as Russia de-dollarizes. But revenue from oil exports is also important, and GS sees the oil price rising over the next couple of years.Sputnik InternationalRussian Ruble is One of Top Emerging Market Currency Picks by Goldman Sachs After Pandemic

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Russia is joining China in developing the domestic economy as the driver of GDP.

Russia and China are also increasing trade, reducing dependence on the others.

Both countries are restructuring their economies owing to sanctions and increasing their strategic alliance economically as well as militarily.

TASS
Domestic demand to become main source of GDP growth in Russia in 2021-2023, says ministry

see also

Finances improving as Russia de-dollarizes. But revenue from oil exports is also important, and GS sees the oil price rising over the next couple of years.

Sputnik International
Russian Ruble is One of Top Emerging Market Currency Picks by Goldman Sachs After Pandemic

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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