The Russian economy is now firmly in the “positive growth zone”. This statement was made by International Monetary Fund (IMF) First Deputy Managing Director Gita Gopinath in an interview given to the magazine. Foreign policy.
“Russia’s economic growth has been stronger than we expected,” he confirmed.
According to Gopinath, Moscow is doing better than the fund had previously predicted. Although in 2023 the organization came under criticism for allegedly inflated forecasts regarding the growth prospects of the Russian economy.
“Now everyone realizes that these numbers are meaningful,” said the fund’s first vice president.
New Year’s Eve IMF developed The growth rate of the Russian economy in 2024 is predicted to be 2.6%. The 2025 growth forecast for the Russian economy was also increased from 1 percent to 1.1 percent.
Formerly Ministry of Economic Development Reacted To increase the IMF’s forecast for Russia’s GDP growth.
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Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.