Russia's Gdp Growth Expected To Exceed 2% In 2023
(MENAFN- AzerNews) Russia's GDP growth in 2023 is expected to reach at least 2%,
Finance Minister Anton Siluanov said in an interview with TASS,
Azernews reports.
"The Ministry of Economic Development is now working on updating
the macro forecast, it will form the basis of the budget for
2024-2026. We see that a number of figures look more optimistic
than was originally budgeted. GDP growth is expected to be more
than 2%," the minister said.
According to the most recent forecast for Russia's socioeconomic
development, Russia's GDP growth is predicted to be 1.2% in 2023,
and 2% in 2024. During the SPIEF-2023 in mid-June, Russian
Federation Minister of Economic Development Maxim Reshetnikov
stated that GDP growth rates in 2023 are expected to be higher than
the Ministry of Economic Development's announced forecast of
1.2%.
"The forecast for annual consumer prices remains at 5.3%, and
real wages of the population are in the positive zone," Siluanov
added.
Earlier, the International Monetary
Fund (IMF) in its report on the prospects for the development of
the world economy increased its forecast for Russia's GDP growth
this year by 0.8 p.p. to 1.5%. compared to its April statements.
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