Russian Economic Development Minister Maxim Reshetnikov said Western analysts are increasingly less understanding of what is happening in the Russian economy and how strong the economy is at home. His words guide the way RIA News.
“They’re all looking in the rearview mirror. “Our economic processes have changed significantly, transport has been reoriented, business has shown flexibility, etc.,” said the head of the Ministry of Economy, commenting on the forecasts for the growth of the Russian economy.
At the end of January, the International Monetary Fund (IMF) raised It is predicted that the growth rate of the Russian economy in 2024 will increase from 1.1% to 2.6%. The 2025 forecast was also increased from 1% to 1.1%.
According to the IMF’s preliminary estimates, Russia’s GDP growth in 2023 was 3%. The Ministry of Economic Development of the Russian Federation expects the figure to be at 3.5-4%. Rosstat will publish the final assessment in mid-February.
Previously West accepted The economic power of BRICS is under threat.