Source: Government expects economy to rise 1% in 2023, 2% in 2024 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Source: Government expects economy to rise 1% in 2023, 2% in 2024

MOSCOW, Apr 13 (PRIME) – Russia's economy will grow by about 1% in 2023 and by 2% in 2024, a source with knowledge of the discussion in the government told PRIME on Thursday.

"There are estimates at about 1% this year and 2% next year in the government. These are current estimates, they are not in the official forecast yet, but there are such expectations in the current estimates," the source said.

The current forecast of the Economic Development Ministry says the gross domestic product (GDP) will decrease by 0.8% in 2023, but Economic Development Minister Maxim Reshetnikov said in March that the ministry forecast higher GDP and investment in 2023. The next official forecast will be published in April.

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13.04.2023 10:20