8legs: Central bank of the russian federation

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Putin Demands Answers as Russia’s Economy Undershoots Expectations - The Moscow Times

Putin demanded explanations from the government and Central Bank over why Russia’s economy is underperforming this year.
GDP for January–February was 1.8% lower than a year earlier, according to the Economic Development Ministry.
Analysts note a broader slowdown tied to weak investment, high rates, and war-related distortions.
The Central Bank’s business climate indicator fell from 0.2 to -0.1 between January and February.
Officials said oil and gas revenues fell 45% year on year in Q1, while non-oil revenues rose modestly.
Forecasts remain mixed: some institutions see around 1% growth in 2026, while others trimmed expectations.
Defence-related manufacturing has risen as civilian output slows, according to analysts.
Analysis indicates a risk to budget stability if oil revenues remain weak.
Analysts see end to the war in Ukraine as not a cure-all for structural problems.
Experts warn about risks to growth from high debt servicing costs.
The Moscow Times frames the piece around Putin's call for action to revive growth.

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