Possible risks in 2020 including decline in oil prices to $ 25

2019-09-10 10:12:30

Shafaq News/ The Russian central bank said in its updated macroeconomic forecast that it does not rule out the decline in oil prices to $ 25 a barrel in 2020 as part of its perception of potential risks.

The Bank of Russia said that the perception of potential risks could be realized if demand for energy products around the world declined and the outlook for global economic growth worsened.

If so, Russia's inflation rate could jump to between 7 and 8 % in 2020, with GDP falling between 1.5 and 2 %.

Possible risks in 2020 including decline in oil prices to $ 25

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