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Message: <blockquote data-quote="Tiger" data-source="post: 92321" data-attributes="member: 353">Those sanctions are working well…<a href="https://www.bbc.com/news/business-68823399" target="_blank">https://www.bbc.com/news/business-68823399</a><h3>Russia to grow faster than all advanced economies says IMF</h3>1 day agoBy Faisal Islam & Hannah Mullane,Economics Editor & Business Reporter Share<img src="https://ichef.bbci.co.uk/news/480/cpsprodpb/8A2C/production/_120727353__112965584_gettyimages-976188246-1.jpg.webp" alt="Getty Images Oil rig" class="fr-fic fr-dii fr-draggable " style="" />Getty ImagesAn influential global body has forecast Russia's economy will grow faster than all of the world's advanced economies, including the US, this year. The International Monetary Fund (IMF) expects Russia to grow 3.2% this year, significantly more than the UK, France and Germany. Oil exports have "held steady" and government spending has "remained high" contributing to growth, the IMF said.Overall, it said the world economy had been "remarkably resilient""Despite many gloomy predictions, the world avoided a recession, the banking system proved largely resilient, and major emerging market economies did not suffer sudden stops," the IMF said.</blockquote>

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