Kudrin assesses impact of recent sanctions on Russia's GDP growth

Kudrin assesses impact of recent sanctions on Russia's GDP growth

Chairman of Russia’s Audit Chamber, Alexei Kudrin, said he believed Western sanctions imposed on Russia would reduce gross domestic product growth by 0.5%, against a previous forecast of 0.2-0.3%.

Kudrin, who was appointed head of the Audit Chamber this month, was speaking in St Petersburg at an economic forum, Reuters reported.

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