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Russia became one of the top 10 countries in terms of economic growth

From the data of the International Monetary Fund and the World Bank, it is clear that Russia has become one of the top 10 countries in terms of economic growth in the 21st century, and contrary to the expectations of the West, it has shown good stability and flexibility.
– International news

According to the report of the international group Tasnim news agency quoting “Novesti” news agency, in the report published by the International Monetary Fund and the World Bank, it is mentioned that since the beginning of the 21st century, Russia has ranked 10th among the world’s major economies in terms of economic growth in terms of dollars.

Relevant data is provided about economies with a GDP of 100 billion dollars or more, which at the end of the last century there were 35 of this type of economy, and at the end of 2023, their number will be 68 items arrived. Thus, Russia’s GDP has increased 7.7 times over the past 23 years, from 260 billion dollars to more than 2 trillion dollars.

At the same time, this report shows Ethiopia’s economy grew the fastest, increasing 19.4 times, and its GDP reached 160 billion dollars. The People’s Republic of China is ranked second in terms of economic growth, with its GDP increasing 14.6 times to 17.7 trillion dollars. Kazakhstan is also in the third place with 261 billion dollars. It is also mentioned that among BRICS countries, India’s GDP has grown 7.6 times and Brazil – 3.3 times. Japan has declined since the beginning of the 21st century. Its economy has fallen by 15% with a gross domestic product of 4.2 trillion dollars.

A day before, the newspaper “Washington Post” also mentioned that, contrary to the expectation of the West, the Russian economy is stable. has found. Among the signs of Russia’s stability, this newspaper has pointed to the increase in bilateral trade between Russia and China after the start of military conflicts in Ukraine.

Some economic experts admit that the economy Russia has shown itself to be more flexible than the West expected, and the restrictions did not lead to a financial crisis in Russia as its originators had hoped.

Vladimir Putin, President In early May, Russia ordered the country’s government to rank fourth among the world’s leading economies in terms of gross domestic product growth by 2030. According to him, this should be achieved by increasing labor productivity, reducing unemployment and reducing unemployment. The level of structural unemployment should be realized.

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© Webangah News Hub has translated this news from the source of Tasnim News Agency
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