Russian GDP Expected To Grow By 1-2% In 2023
Date
4/25/2023 7:26:04 AM
(MENAFN- Trend News Agency) The Russian economy embarks on a positive path since July 2022
and GDP will grow by 1-2% as of 2023 year-end, presidential aide
Maxim Oreshkin said at the Znanie (Knowledge) educational marathon,
trend reports with
reference to tass .
"Our economy is at the stage of establishment and economic
growth since last July. We see now that our economy, having dropped
to the minimal point last June, embarked on the positive path.
Confidence levels of the business arte record high. The
unemployment rate has never been so low in our country. GDP will
grow by 1-2% as of 2023 year-end," Oreshkin said.
According to the forecast made by the Central Bank, dynamics of
the Russian economy this year may vary from minus 1% to plus 1%.
The Ministry of Economic Development anticipates in its turn that
GDP would grow by 1.2% in 2023.
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