USA (bbabo.net), - Forecasts for the future of the Russian economy remain "incredibly strong, stable and grim". This was announced on Friday, December 2, by the chief economist of the US State Department, Emily Blanchard.

“Forecasts of what will happen in the future (with the Russian economy) remain incredibly strong, stableak,” she said.

Blanchard believes that, according to the "most optimistic forecasts", the Russian economy by 2030 will be at least 20% smaller than if the Russian Federation had not launched a special operation in Ukraine.

She stressed that economic growth in the near term will depend on changes in global demand, especially for oil, as well as on the efforts of the Russian Federation to reduce the negative consequences for the economy through fiscal and monetary policy.

According to the forecast of the Ministry of Economic Development, the GDP of the Russian Federation will decrease by 2.9% this year, by 0.8% in 2023, and by 2.6% annually in 2024-2025. The Central Bank expects that the decline in GDP will be 3-3.5% this year.

The West stepped up sanctions pressure on Russia over Ukraine, which led to higher prices for electricity, fuel and food in Europe and the United States. Russian President Vladimir Putin said that cheap and reliable Russian energy resources were a competitive advantage for Europe, and even a partial rejection of them is already having a negative impact on its economy and residents. And the United States, pushing through the EU's complete rejection of Russian energy carriers and other resources, is leading to the de-industrialization of Europe, he said. The Russian Federation has repeatedly stated that Russia will solve all the problems that the West creates for it.

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