Bloomberg: a record profit is awaiting Russia in the face of "suffocating" sanctions
4 апреля 2022, 10:39
If the main buyers of Russian energy resources do not declare an embargo on their imports, then Russia will be able to earn about $321 billion, which will be a record positive balance, despite the “suffocating” pressure from the West, Bloomberg writes.
The material says that the expected indicators of the country's trade and balance of payments are "brilliant", a third higher than last year's figure.
- Russia can also expect a record current account surplus, which, according to the Institute of International Finance (IIF), could reach $240 billion, - calculated in Bloomberg Economics.
At the same time, experts point out that restrictive measures could not stop the influx of “hard currency” into the Russian Federation, and income from the sale of energy carriers allowed Russia to mitigate the consequences of Western sanctions.