Source link The economy is projected to grow much more rapidly this year than previously expected The IMF significantly raised its growth forecast for the Russian economy in 2024 in its latest World Economic Outlook update released on Tuesday. The Washington-based institution now expects Russian GDP to grow by 2.6% this year, a sharp increase […]
Source link The European Commission (EC) has substantially raised its growth projection for the Russian economy this year, issuing revised figures in its Autumn 2023 Economic Forecast released on Wednesday. Russia’s economy is set to rebound on the back of “stronger-than-earlier expected domestic demand underpinned by fiscal stimulus,” according to the EC. Brussels now expects […]