Russian GDP Growth Of 3% Expected In 2023
Date
11/11/2023 12:14:28 AM
(MENAFN- AzerNews) Russian GDP growth in 2023 is expected to be 3%, which is higher
than previous forecasts, Russian Economic Development Minister
Maxim Reshetnikov said at a joint meeting of the boards of the
Russian Economic Development Ministry and the Belarusian Economy
Ministry in Brest, Azernews reports, citing
Interfax.
"This year we expect the Russian Economy to grow by 3%. These
are very good figures, and better than our August estimates
[2.8%]," he said.
The Economic Development Ministry has estimated that Russia's
GDP grew 2.8% in January-September 2023, with a rise of 5.2% in
annual terms in September.
The ministry in September raised its forecast for growth in the
country's GDP to 2.8% in 2023. The Central Bank on October 27
raised its forecast for growth in the country's GDP to 2.2%-2.7% in
2023 from its previous outlook of 1.5%-2.5%.
Analysts told Interfax in a consensus forecast at the beginning
of November that they thought the economy would grow 2.7% in
2023.
MENAFN11112023000195011045ID1107410186
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.