IMF sharply raises Russia’s economic growth forecast  ...News

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IMF sharply raises Russia’s economic growth forecast 
The country’s gross domestic product is projected to grow 3.2% this year  The International Monetary Fund (IMF) has significantly improved its growth forecast for the Russian economy in 2024 in its latest World Economic Outlook, which was published on Tuesday. The Washington-based institution has once again upgraded its estimate, and now expects Russia’s GDP to grow 3.2% this year, a sharp increase from its January projection of 2.6% and from its October prediction of 1.1% growth. The forecast for 2025 was also increased to 1.8% from the January estimate of 1.1%. Oil export volumes have “held steady” and governmen

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