The European Bank for Reconstruction and Development (EBRD) increased its forecast for Russia’s 2024 GDP growth from 1 percent to 2.5 percent. Analysts predict a 1.5% increase in the Russian economy in 2025. writes about this TASS.
The EBRD explained the revision of the indicator and the fact that Russia’s GDP grew by 3.6% last year, with a boom in production in the defense sector, as well as increased trade with China and other countries.
Earlier, in a conversation with socialbites.ca, there was a close forecast for the growth of the Russian economy. voiced Konstantin Tuzov, expert from the Institute of Applied Economic Research of the Presidential Academy. According to their estimates, the average annual GDP growth rate over the next three years will be close to 2 percent and will be largely supported by final consumption expenditure.
The other day at the Ministry of Economic Development stated About signs of overheating of the Russian economy.
Previously at the Central Bank accepted further increase of the key interest rate.