Putin's government is reportedly pressuring the Russian central bank to stop with gloomy forecasts
and give more 'upbeat' updates about its economy
The Russian government is not loving its central bank's gloomy economic assessments. Instead, it is reportedly asking for more jolly outlooks.
The Russian economy has been under stress ever since the country invaded Ukraine in February 2022, triggering widespread sanctions from the West and its allies, which hit the energy giant's oil and gas revenue.
Through it all, the Russian central bank has been candid about its assessment of the country's economy, which at times stood at odds with more bullish statements from the Kremlin.
But that may soon change Russian officials are putting pressure on the country's central bank to give more "upbeat" assessments about the country's economy, Bloomberg reported on Tuesday, citing people familiar with internal deliberations.
https://www.msn.com/en-us/money/markets/putin-s-government-is-reportedly-pressuring-the-russian-central-bank-to-stop-with-gloomy-forecasts-and-give-more-upbeat-updates-about-its-economy/ar-AA17ejLq
Pooty wants to run the economy like he's running the war in Ukraine.