World Bank says assumption is Russia sanctions will stay the same

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Reuters MOSCOW
Last Updated : Dec 04 2018 | 6:06 PM IST

MOSCOW (Reuters) - The World Bank's lead economist for Russia said on Tuesday that the assumption was that sanctions against Russia would remain the same as they are currently.

Apurva Sanghi made the remark in response to a question about the World Bank's Russia forecast for 2018-2020.

He did not offer any further details, although his colleague at a news conference in Moscow said it was not an assessment.

"It's not a judgment, it's not an assessment, it's an assumption," said Andras Horvai, country director and resident representative for Russia, Europe and Central Asia.

(Reporting by Polina Nikolskaya and Andrey Ostroukh; writing by Tom Balmforth; Editing by Alison Williams)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Dec 04 2018 | 5:53 PM IST

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