Page 67 - RusRPTApr23

According to his presentation, by the end of the year corporate loans in the Russian banking sector will grow by 10-12%, and individual loans - by 11-13%. Deposits of legal entities will increase in the range of 18-20%, funds of the population - by 7-9%.
World Bank: The global economy is at risk of a "lost decade". Between 2022 and 2030, the potential average global GDP growth will slow to 2.2%, below the zero-year rate, the bank said. For developing countries, the decline will be just as steep, from 6% in 2000-2010 to 4% in the remaining years until the end of the current decade. Also, the drop could be much worse in the case of a global financial crisis or recession. The term lost decade is often used to describe Japan’s situation in the 1990s when the country suffered a severe economic downturn after many years of rapid growth. This crisis led to a deterioration in the standard of living and decreasing confidence in the country's financial system. But the WB believes that a lost decade can still be avoided by stimulating investment, reducing costs, stimulating the service sector, and increasing the labour market to increase potential GDP growth by 0.7% to 2.9%.
The official CBR macroeconomic forecasts are here.
67 RUSSIA Country Report Russia April 2023 www.intellinews.com