Higher oil prices are making Russia richer — but not helping its economy grow, Goldman says
- Soaring oil prices are making Russia richer, even under Western sanctions.
- High crude prices are boosting Russia’s exports, government revenue, and cash inflows.
- However, labor shortages and weak productivity are keeping growth stuck below 1%.
Show Some Love By Sharing
Discover more from NAIRAVOICE.COM.NG
Subscribe to get the latest posts sent to your email.