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Russian GDP outlook for 2022 being revised, says Accounts Chamber chief

There are different estimates made by experts, Alexey Kudrin pointed out

MOSCOW, April 12. /TASS/. Russia’s Finance Ministry and Economic Development Ministry will provide their estimate on the country’s GDP for this year, Head of the Accounts Chamber Alexey Kudrin said on Tuesday, adding that the contraction will roughly stand at 10%.

"Currently the Finance Ministry and the Economic Development Ministry are estimating this year’s GDP contraction," he said at a meeting of the Federation Council’s budget and financial markets committee, adding that "the contraction will be over 10%, according to the official forecast."

The contraction projections vary, Kudrin noted. "There are different estimates made by experts. The contraction projections vary from 8% to 10%," he said.

Earlier, Russian Central Bank Governor Elvira Nabiullina said in an address in the regulator’s annual report that the adjustment to new conditions would inevitably result in GDP contraction, though the country’s economy would be able to return to growth trajectory.

On April 11, the World Bank said in a report on the economy of Europe and Central Asia that Russia’s GDP contraction was expected at 11.2% in 2022 amid sanctions.

Anti-Russian sanctions

US sanctions against Gazprombank leading to energy price growth in Europe — investor

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US gives Ukrainian servicemen guidance on selecting targets for ATACMS — White House

The Ukrainian servicemen "are able to use ATACMS to defend themselves on an immediate need basis," National Security Council spokesman John Kirby said

Israel’s national security minister calls ceasefire in Lebanon ‘historic mistake’

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Russia’s Medvedev warns Europe could face 'catastrophic damage' from Oreshnik missile

The Russian Security Council deputy chairman also commented on Vladimir Zelensky’s "resilience plan"

Defense contractor delivers new batch of Su-34 bombers to Russia’s Aerospace Forces

The new fighter-bombers have undergone necessary testing and have been sent to the places of their operation, Vadim Badekha noted

Oreshnik becomes serious problem for Ukraine — Polish general

According to Waldemar Skrzypczak, satellite reconnaissance failed to detect the launch and flight of this missile

Europe bracing for influx of Ukrainian troops after conflict is over — agency

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NATO spies study damage from Oreshnik at Yuzhmash — expert

Alexander Stepanov emphasized that both Kiev and its Western allies are closely scrutinizing the consequences of the strike on the plant

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UN secretary-general welcomes ceasefire between Israel, Lebanon

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NATO pledges to continue supporting Ukraine following Russia’s launch of Oreshnik missile

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West wants to use Kalinousky Regiment to destabilize Belarus — Russian intelligence chief

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Ukrainian front collapsing due to lack of willing soldiers, Russian offensive — magazine

Additionally, Ukraine "does not have enough weapons, munitions or hardware," the news outlet said

Public tribunal releases more testimonies exposing Kiev forces' atrocities in Selidovo

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British mercenary claims he was sent to Russia’s Kursk Region against his will

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UK ambassador to Russia gets note of protest over false info on embassy’s officer

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US base in Syria’s Dei ez-Zor governorate comes under missile attack — TV

No further details were provided

UN special coordinator welcomes ceasefire agreement between Israel, Lebanon

Jeanine Hennis-Plasschaert commended the parties on seizing the opportunity to end this conflict

Russian diplomat doesn’t rule out missile deployment in Asia as response to US’ actions

Sergey Ryabkov warned Russia’s adversaries against settling into a "false sense of security"

Russia designs Titan rifle for commandos

The rifle is reliable with precise and dense fire

Kremlin spokesman advises those fearing nuclear escalation to review Russia’s doctrine

"You should listen to President Putin’s statements attentively and carefully assess the actions by the authorities of this or that country of the collective West that is directly involved in these conflicts," Dmitry Peskov stressed

Lithuania open to sending European troops to Ukraine — foreign minister

"It may become necessary for European soldiers to be deployed on Ukrainian soil, and Lithuania is always ready to consider such options," Gabrielius Landsbergis stated

Pentagon not yet assessed damage caused by use of Russia’s newest Oreshnik missile

"When we have more to provide, we will," Deputy Press Secretary Sabrina Singh said

Potential handover of nuclear arms by US to Kiev ‘act of treason’ — US congresswoman

Marjorie Taylor Greene suggested that the Biden administration is "trying to start a nuclear war and use it as the reason to stop the transfer of power to Donald Trump"

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Ukrainian forces attempt to assassinate Novaya Kakhovka head, his deputy with drones

Ukraine tracked two service cars and dropped munitions on them after the vehicles approached the administration building

Russian military engaged in tough battles with Ukrainians in Kharkov Region — official

"Our forces continue their coordinated efforts to liberate the Kharkov Region from the enemy," Vitaly Ganchev said

Russia rejects Korean scenario for freezing Ukraine conflict — foreign intel chief

Sergey Naryshkin recalled that the only way to ensure peace is to eliminate the root causes that triggered the Ukrainian conflict

Turkey to investigate causes of Russian Superjet emergency at Antalya airport

The Turkish side will also provide information on the progress of the investigation

Europe resumes talks of troop deployment to Ukraine — newspaper

According to the sources, this is driven by the fact that Washington may scale back support for Ukraine after Donald Trump returns to office as US president on January 20, 2025

Ukraine supplies terrorists in Mali with white phosphorus munitions — website

The news portal pointed out that its source was an anti-government militiaman captured in the southern part of the country by the national armed forces

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A high-ranking US administration official confirmed the information at a special briefing, adding that Washington will provide military support to Lebanon’s armed forces

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Moscow to respond promptly if London inflates British diplomat’s expulsion issue

British Ambassador to Moscow Nigel Casey was summoned earlier in the day by the Russian Foreign Ministry, where he was handed a note of protest

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The new round of US sanctions has become the most notable lately "but generally not critical for the Russian financial system, which has already passed through much worse time," Kyle Shostak said

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The Russian foreign minister noted that American companies had already bought up most of the fertile land

France, UK may deploy troops to Ukraine following ceasefire — expert

According to Elie Tenenbaum, European countries may send troops to east Ukraine to ensure the observation of a ceasefire regime and guarantee Kiev’s security

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Erik Prince noted that it was necessary to end the Ukrainian conflict as soon as possible

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Kiev troops attempted to kill British mercenary who surrendered to Russians — officer

In his words, they fired conventional 120mm mortar rounds, silent munitions and at least one FPV drone with a fragmentation charge

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Russia, Saudi Arabia and Iraq discuss oil market, compensations

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Serbian film director Kusturica announces plans to get Russian citizenship

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British mercenary taken into custody and Ukraine's losses: situation in Kursk Region

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Russia’s Permanent Representative to the Vienna-based international organizations Mikhail Ulyanov said that what has been done by the White House is very dangerous

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NATO disregards all etiquette in discussing possible preemptive strikes on Russia — Lavrov

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Putin has high hopes for cancer vaccine being developed in Russia

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At least 15 Palestinians killed in Israeli strike on Gaza school — TV

According to the report, the attacked building had earlier been turned into a shelter for internally displaced person

Kremlin confident Putin’s warning about strikes inside Russia was well heard in West

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West seeks to destabilize global order, Russia’s intelligence chief says

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Putin publishes article on Russian-Kazakh relations ahead of visit to Astana

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Sergey Naryshkin added that the Western capitals "stopped thinking about strategically defeating Russia and shifted to thinking about how to avoid such a defeat themselves"

Ukraine launches second strike on Novaya Kakhovka after emergency services arrive

According to Governor Vladimir Saldo, two vehicles have been damaged

Proposal to give Kiev nuclear arms highly extremist — Kremlin

Dmitry Peskov noted that this is an absolutely irresponsible line of reasoning from those with a poor grasp of reality

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Citizens of Poland, Germany, Italy apply for residence permit in Lugansk Republic

The decisions will be made in response to these applications in the near future

Netanyahu plans to submit plan for Lebanon ceasefire to war cabinet

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Russian Agriculture Ministry weighs idea of growing bananas domestically

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Preparation of Russia’s energy strategy until 2050 is in its final stage — PM Mishustin

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Moscow concerned with outgoing US President Biden’s escalation strategy — Kremlin

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