Russia is facing a shortage of around 4.8 million workers in 2023, and the problem is expected to persist in 2024, according to the Russian Academy of Science's Institute of Economics. Bank of Russia Governor Elvira Nabiullina has warned of potential strengthening of sanctions against the country's economy, urging preparedness for increased pressure. The central bank also stated the need for several months to ensure that the consumer price index is declining before considering rate cuts.
Russian central bank says it needs months to make sure CPI falling before rate cuts - Reuters https://t.co/eWNtjmZhKA
Bank of Russia governor braces for escalating sanctions https://t.co/ARHfHoFnVW https://t.co/qnuTP1aGM5
West ‘seriously underestimated’ Russia’s economic clout – report Sanctions-makers have fallen into a ’big country trap,’ economists say https://t.co/i2gcDnrZWC https://t.co/cgBFXPABTb
🤓 🧐 Russia's Central Bank prepares for stricter sanctions https://t.co/QxUTUsZxm9
⚡️Russian Central Bank head says country should prepare for increased sanction pressure. "It is, of course, tempting to think that we fared well in 2022 and now we don't have a care in the world," said Elvira Nabiullina on Dec. 25. "But we need to prepare for increased pressure…
There’s a temptation to think “we are, as they say, knee-deep in the sea” after weathering the initial storm, though “we must be prepared for increased sanctions pressure,” Bank of #Russia governor Elvira Nabiullina said. https://t.co/HbTKtLLxMW
Bank of Russia Governor Says She Is Bracing for More Sanctions-BBG
Bank of Russia Governor Elvira Nabiullina, who helped the Kremlin absorb the blow from sanctions over the invasion of Ukraine, says she’s bracing for strengthening of penalties aimed at the country’s economy https://t.co/uSK06R2QWf
🇷🇺 Russia was short of around 4.8 million workers in 2023 and the problem will remain acute in 2024, the Izvestia newspaper reported on Sunday, citing experts and research from the Russian Academy of Science's Institute of Economics. Central Bank Governor Elvira Nabiullina said… https://t.co/6utgtiE7hH