Bankers announced a sharp increase in unemployment and a decrease in the incomes of Russian citizens a month before the special operation to protect Donbass.
According to media reports, a month before the start of Russia’s special operation in Ukraine, the government and the president of Russia were presented with assessments of the possible consequences of tough Western sanctions on the Russian economy.
Employees of Russian state banks and the Bank of Russia provided their research to the Russian authorities.
According to Frank Media, referring to informed sources, Sberbank, VTB and the Central Bank prepared their speeches.
The interlocutors of the publication said that the bankers presented the economic consequences of restrictive measures from the escalation of the situation with Ukraine.
At that time, the recognition of the independence of the DPR and the LPR was considered the toughest scenario.
“Even the participants with the most exuberant imagination could not imagine what consequences this would lead to ”, – the publication quotes the interlocutor.
Journalists also published the main points of the presentation, which predicts the consequences of the toughest sanctions against Russia:
- a strong drop in GDP of at least 10%;
- an increase in unemployment from 4% to 12%, a drop in income;
- the need to recapitalize banks by 5-6 trillion rubles;
- the growth of the key rate to 20-30%;
- the growth of the dollar and euro 150-200 rubles;
- the delay in the development of the country.
At the same time, none of the scenarios presented by experts considered sanctions against the Central Bank of the Russian Federation.
Recall that in the first days of the military special operation in Ukraine, the United States, the EU and Japan imposed sanctions against the Central Bank.
At the same time, it seems that the sanctions adopted are not yet final, and as the conflict grows, they will increase, according to one of the state banks. In this connection, the assessment of damage is complicated.
Earlier, topNews wrote that the Kremlin reacted to rumors about the introduction of martial law in Russia.
The Kremlin’s official representative called this information fake.