Russian GDP growth to top expectations – state development bank ...News

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Russian GDP growth to top expectations – state development bank
source : Russia Today ( News ) () 103
The economy has largely recovered from last year’s sanctions-induced slump, according to VEB The Russian economy could expand beyond previous projections this year, Andrey Klepach, chief economist at the Russian state development corporation VEB.RF, predicted on Thursday. According to Klepach, gross domestic product (GDP) growth by the end of the year could reach 3.2-3.3%. “The macroeconomics, especially this year, rather pleases us, because the results are indeed better than everyone expected,” Klepach said during the plenary session of the Cities of Russia forum in Yekaterinburg. The analyst expects the real inc

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