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Bottom promises to be less deep // Economists improve estimates for CIS+ economies

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Despite the deterioration in estimates of overall global economic growth this year, macroeconomic forecasts for the countries of the CIS+ region are improving. The decline in GDP, according to analysts surveyed by Focus Economics, is still expected in Russia, Ukraine, Belarus and Moldova. At the same time, the assessment of the contraction of the Russian economy this year has been reduced from 9.3% to 8.1%, the Ukrainian one – from minus 36.3% to minus 34.6%. The key risk for the economies of the region remains the intensification of the conflict between the Russian Federation and Ukraine, analysts say. .

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