【CNBC】Russia’s economy ‘in for very tough times’ despite improved growth outlook, IMF managing director says

• In late January, the International Monetary Fund more than doubled its forecast for the pace of Russia’s economic growth this year, raising it from 1.1% in October to 2.6%.
• Russian defense spending has skyrocketed since the war began.
• Russia’s current production and consumption patterns are “pretty much what the Soviet Union used to look like,” Georgieva said.

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