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المشهد العربي
Russia revises growth outlook downward
The Russian Central Bank has decided to cut its forecast for GDP growth in 2026 to between 0 and 1%, anticipating an acceleration in inflation due to the fuel crisis. Bank Chair Elvira Nabiullina expects the inflation rate to reach between 6 and 7% during the year, up from previous projections of 4.5 to 5.5%. The rise in fuel prices reflects its impact on the prices of goods and services, thereby affecting economic growth and inflation in Russia.
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