The year-end GDP growth of the Russian economy is expected to be in the range of 1.5-2.5%. This was stated by the Deputy Chairman of the Central Bank of the Russian Federation Alexei Zabotkin. TASS.
“We will update the forecasts. “Current statistics show that this year’s growth is close to the upper limit of the forecast,” he said.
According to him, the annual inflation rate in the country is approaching 5-6.5%, which is the upper limit of the forecast range of the Central Bank of Russia.
On September 3, analysts at British investment bank Barclays revised their 2022-2023 economic growth forecasts for Russia. The forecast for Russia’s GDP growth rate in 2023 is as follows: promoted increased to 1.7% from the previously estimated 0.7%.
Before that, the head of the Russian Ministry of Finance Anton Siluanov said that the growth in the GDP of the Russian Federation by the end of this year expected Not less than 2%. According to the updated forecast for the socio-economic development of the Russian Federation, the country’s GDP growth in 2023 is expected to be 1.2%, and in 2024 – 2%.
Former Russian President Vladimir Putin aforementioned on reducing the budget deficit.