Romania Information Technology Q4 2019
We expect only modest growth in IT spending in Russia over the medium term, 2019-2023. The opportunities forvendors will be limited by the subdued economic recovery that will weigh on private sector investment levels, with an additionaldrag for returns to foreign vendors because of the further rouble depreciation against the US dollar that is forecast for2019-2023. There are also downside risks relating to geopolitical relations that spill over into the technological sphere.
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