Hommam Al Nassim 
A report by the International Monetary Fund on the state of the European region confirmed that the Russian economy has proven its resilience under the sanctions imposed by the West due to the Russian military operation in Ukraine.
“Over the past two years, under wide-ranging sanctions imposed by a number of countries, the Russian economy has proven resilient,” the International Monetary Fund said.
He noted that the Russian economy exceeded expectations in 2023. He pointed out that the volume of Russian oil exports remains stable.
the International Monetary Fund also asserted that the sanctions had led to a “rejuvenation” of the economy, investment in new production capacity, and low unemployment rates as incomes rose.
In a recently published report, the International Monetary Fund improved its forecast for the growth of the Russian economy for 2024 and 2025, predicting an increase in GDP by 3.2% for this year and 1.8% for 2025.
As for 2023, the growth of this indicator, according to the IMF’s estimates, was 3.6%, which corresponds to the estimates of the Russian State Statistical Committee.
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