MOSCOW, Mar 3 (PRIME) – The Russian central bank has improved its forecast for the Gross Domestic Product (GDP) growth to zero from a 0.3% in April–June, its Research and Forecast Department said in a report on Thursday.
The bank also sees GDP rising 0.2–0.3% in July–September.
Lower budget expenses may limit growth of the Russian economy by 0.3–0.7 percentage points in 2016, they said.
Russia’s GDP fell 3.7% in 2015.
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