Add to favorite
 
123
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


The World Bank Reported On Russian Economy
October 30, 2017 17:04


(Source: http://kavkaznews.az/2016/03)

The Russian economy has recovered after recession and is showing moderate growth rates this year. This was said by the World Bank’s report.

According to the forecast of the international organization, Russia’s GDP will increase by 1.7 percent in 2017 and by 1.8 percent in 2018. “The medium-term growth forecast for Russia has slightly increased after a faster recovery in demand at the domestic market, than it was expected, and higher exports” - the experts at the World Bank noted.

Oil prices and high demand at the domestic market created opportunities for the people from neighboring countries coming to work in Russia, as the document specifies. However, long-term economic growth needs structural reforms. Experts see the risks in low oil quotations and possible negative consequences of the expansion of sanctions.

On October 10 the International Monetary Fund (IMF) improved its forecast for Russia’s GDP growth from 1.4 to 1.8 percent in 2017. It is expected that the Russian economy will increase by 1.6 percent next year.


Sources: http://lenta.ru 


Author: Anna Dorozhkina

Tags:      

Next Previous

You might also find interesting:

LinkedIn Can Return Money To Russian Users Russian-speaking Hackers MoneyTaker (MT) Rob the Banks Around the World Russian Goods Will Get Direct Access to the Chinese Product Market Ministry Of Industry And Trade Of the Russian Federation: 100 Russian Brands On AliExpress The Best Russian Employers









Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

-8

search on the map
TAGS:
Russian history  the Crimea  Krasnodar Flood  Vladivostok  Immune Cells  Vitaly Petrov  Russian underground train  Tragedy  Guinness Record   double-decker bus   Russian transportation  Moscow  Emelyanovo Airport  Zaryadie Park  Russian beaches  Businovskaya Interchange  New Films  Moscow City  Russian tourism  Russian fashion designer  Exhibitions in Moscow  Landscape Painters  Video Art  retail in Russia  St. Petersburg  Kaliningrad  Precious Metals  Armen Dzhigarkhanyan  technology  protest actions  Russian fashion  Mercedes-Benz Fashion Week Russia  Russian Literature  Russian actors  Altai Territory  Russian National Dance Show "Kostroma"  Russian opera singers  Russian aviation  Rusian Culture  Russian IT sector  Christmas  Smoking in Russia  Hermitage  Russian business  Perm Territory  CNN  Cars  Archeology  Russian Cinema  Forest Museum  


Travel Blogs
Top Traveling Sites