15315
Russia GDP to Grow 2.3%
World Economy

Russia GDP to Grow 2.3%

Russian Economic Development Minister Aleksey Ulyukayev said Russia’s GDP will grow by 2.3% in 2016, and by 2.5% in 2017 and 2018, Tass reported. He expects the recession to end this year, and economic growth in 2016. “Recession will continue in the third quarter but then improvement will start in the fourth quarter,” he said. Russia will return to the pre-crisis level of economic development in 2017-2018, the minister added. Ulyukaev also expects a gradual decline in capital outflows “within three years by $60-50-40b, based on a repayment schedule of borrowers in foreign markets, and on a revival of interest in the Russian stock and bond market.”

 

Short URL : http://goo.gl/nHLy0J

You can also read ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...

Trending

Googleplus