Russia 'lost standing’ despite ‘a breather’ from higher oil prices, IMF chief says

After two years of strong performance driven by a shift to a war economy, Russia’s economic situation is weakening, IMF Managing Director Kristalina Georgieva told Euronews.

And although the IMF raised its forecast for Russia’s 2026 growth in its April outlook from 0.8% to 1.1%, Georgieva told Euronews this did not reflect the full picture of the economic weakening.