Everything is great, economy is fine, all just western propaganda and exaggeration
Sergey Chemezov, head of Rostec Corporation, warned of the threat of collapse of Russian production sector due to the rising key rate.
He made this prediction two days before the Russian Central Bank raised the key rate again last Friday.
“A serious obstacle to further industrial growth is the record level of the key rate... If we continue to work like this, the majority of enterprises will go bankrupt,“ Chemezov said.
Russia is willing to destroy its economy to continue the war.
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