CBR’s Nabiullina: Russia needs major improvement in business climate for economy to grow

Reuters reports the latest comments from the Central Bank of the Russian Federation (CBR), Governor Elvira Nabiullina, as she speaks on the economic outlook.

Key Headlines:

There is no reason to think that the external situation will change drastically in the near future.

Main restrictions on economic development are domestic.

Russia needs major improvement in the business climate for the economy to grow.