- Analytics
- News and Tools
- Market News
- The IMF has improved the outlook fo Russian GDP in 2016
The IMF has improved the outlook fo Russian GDP in 2016
The International Monetary Fund has again revised the economic outlook for Russia. This year's contraction of the Russian economy is ecpected at 1.2% of GDP, and in the future - an increase of 1.0%.
In April this year, the expected depth of the recession in Russia was estimated at 1.8% for 2016, and in May - 1.5%.
Current adjustments were made on the basis of the regular annual review of the Russian economy, conducted by specialists of the Fund in accordance with the statutory requirements of the organization. These results are discussed at the end of June in a meeting of the IMF Board of Directors.
Forecast for 2017 remains the same as in May.
The Russian authorities are even more optimistic. According to the official forecast of Ministry of Economic Development, a decline in GDP of 0.2% will be observed in 2016.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
