IMF improves Russia’s economic growth outlook for this year ...News

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IMF improves Russia’s economic growth outlook for this year
source : Russia Today ( News ) () 25
The International Monetary Fund (IMF) has upgraded its forecast for economic growth in Russia for the second time this year, and now expects GDP to gain as much as 3.8% in 2021. In its April report, the IMF raised its projections for Russia’s GDP by 0.8% compared to its January outlook, and by 1.5% compared to its October forecast. While the outlook for Russia’s economic performance in 2021 has been raised for the second time, next year’s growth could be slightly slower than previously thought. The IMF expects Russia’s GDP to grow at the same pace as this year in 2022, by 3.8%, which is 0.1% lower than it predicted in January.

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