Nabiullina urged not to confuse the economic slowdown in Russia with the recession
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Nabiullina: there are no signs of recession in Russia, growth continues
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On September 18, the head of the Central Bank of Russia, Elvira Nabiullina, urged not to confuse the economic slowdown currently observed in Russia with the recession.
"First of all, one should not confuse the recession, which, I agree, is associated with very negative phenomena, with a slowdown in the economy...> The economy is slowing down, but there is no recession," she said during the Moscow Financial Forum (IFF).
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