Experts told why sanctions have not yet achieved the economy of

Journalists write that the lives of many Russians have not changed. Despite the rise in prices, they support the actions of Russian President Vladimir Putin. The Russian economy escaped the collapse, which many experts have prophesied after February 24 due to sanctions, due to the increase of oil prices. Thus, the influence of sanctions was softened, although they were still felt in the Russian Federation. About it writes Reuters.

The article states that the Russian economy would be reduced by more than 12 percent in 2022. This indicator would exceed the fall in production after the collapse of the Soviet Union, which was observed during the 1998 financial crisis. However, the Russian economy is now expected to fall by only 4. 2 percent. Journalists write that world energy prices have made it possible to reduce poverty and inequality, despite the Sanctions introduced by the West and the increasing inflation.

This situation has already been compared to the coronavirus pandemic, when the authorities increased payments to the most vulnerable sections of the population. It is reported that the difference in the cost of export and import has decreased more than three times, compared with the same period of 2021. It is a record rate of $ 166. 6 billion. This was made possible by the fact that the profits increased sharply, but imports decreased due to sanctions imposed.

The material also states that the inflation rate in Russia took off to a 20-year maximum of 17. 8 percent in April. However, by the end of the year, its level will be 13. 4 percent. However, the panic purchases of the Russians were stopped through rigid capital control. This made it possible to strengthen the ruble by 25 percent and to curb the inflation slightly. It is also reported that consumer prices in the Russian Federation this year increased by 10. 7 percent, compared to an increase of 4.

7 percent over the same period of 2021. Journalists write that nothing has changed for a large number of Russians. In addition, energy prices will remain high, so the Russian treasury will continue to be replenished. It became known how Ukraine is going to restore Crimea. The new project involves the restoration of roads, electrification and modernization of the railway system. In addition, it is planned to return to the peninsula of international airlines.

Crimea should be attractive to tourists from the mainland of Ukraine, as well as partner countries. Focus also wrote why Ukraine sells electricity to Europe. Ukrenergo received UAH 1. 92 billion in electricity sales for Romania and Slovakia between June 30 and August 21. According to Ukrenergo, the weighted average access price to interstate transmission lines towards the EU EU from August 15 to 21 became higher almost 1. 5 times than a week earlier, amounted to 11. 3 thousand UAH/MWh.