World Bank raises RussiaТs 2018 econ growth outlook to 1.6% - Business Wire - 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

World Bank raises RussiaТs 2018 econ growth outlook to 1.6%

MOSCOW, Dec 4 (PRIME) -- The World Bank has raised its forecast for RussiaТs economic growth in 2018 to 1.6% from 1.5% and expects the economy to slow down to 1.5% in 2019 from 1.8% projected earlier, the bank said in a report Tuesday.

The World Bank retained its forecast for RussiaТs economic growth in 2020 at 1.8%.

Economic growth is to slow to 1.3% by 2022, but can reach 3% by 2028 thanks to the reforms that are to begin in Russia, the bank said.

The World Bank also believes that RussiaТs goal to reduce poverty by half by 2024 is achievable even at a low pace of economic growth if the government changes the social support system and turns to targeted assistance to those in need.

End

04.12.2018 15:25
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.8369 -0.0058 24 may
USD 64.4913 +0.0757 24 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1275.42 -1.34 18:50 23 may
micex 2618.61 -0.76 18:50 23 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 208.86 +0.37 18:49 23 may
lkoh 5275.00 -0.80 18:48 23 may
rosn 417.05 +0.74 18:49 23 may
sber 229.30 -2.78 18:49 23 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 72.0225 +0.3125 14:59 23 may
USDTD 64.8200 +0.5275 17:44 23 may