S&P forecasts Russian GDP growth at 1.7–1.8% ‘18–21
MOSCOW, Nov 13 (PRIME) -- Rating agency S&P Global Ratings expects Russia’s gross domestic product (GDP) to increase by 1.7–1.8% in 2018–2021, below the official government’s estimate of 3% in 2021, according to a report seen by PRIME late on Monday.
The agency also said that 30 trillion rubles of investment projects announced earlier by the Russian authorities are unlikely to be fully completed.
The geopolitical factors that restrict Russian companies’ access to foreign financing can affect their ratings.
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13.11.2018 08:28