Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The World Bank Deteriorates Its Forecasts
27.12.2015 20:55
The World Bank Deteriorates Its Forecasts
(Source: http://www.radiochantroimoi.com)

The World Bank (WB) downgraded the fall of Russia's GDP in 2016 from 0.1 to 0.7 percent. The deterioration of the forecast, as it is explained in the report, is connected with the fall in world oil prices.

      The most likely scenario, according to the Central Bank, assumes average annual price of oil in 2015 at the level of 51.9 dollars per barrel, in 2016 - 49.4 per barrel, whereas previously the  average price was predicted as $ 53 in 2015 and 2016.

      The decline in oil prices, as it is noted in the World Bank, will not affect Russia's economic performance in the last quarter of 2015, in connection with which the bank retains its forecast of the fall of Russia's GDP in the current year at 3.8 percent. In 2017, the World Bank forecasts economic growth at 1.3 percent with maintaining sanctions, low oil prices and political uncertainty. This is 0.2 percent lower than it was previously expected.


Sources: http://lenta.ru 


Author: Anna Dorozhkina

Tags: World bank     

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
Republic of Bashkortostan  Tourism cluster  Khabarovsk  Mercedes-Benz Fashion Week Russia  3D Shows  Russian business  Arkhangelsk  Russian economy  Rosa Khutor  Russian science  Exhibitions in Moscow  Leonid Mikhelson  Kurganinsk  Kadyrov  Russia  Uryupinsk  movies  Nazyvayevsk  Russian Cinema  Rostov-on-Don  Perm Territory  Russian government  Russia-Africa  Music Contests  Russian scientists  Russian musicians  Russian events  Vyacheslav Butusov  Fairs in Moscow  St. Petersburg  Monuments in Volgograd  Mikhail Gorbachev  Colliders  Russian Orthodox Church  Online Events during Quarantine  Anatoli Savchenko  Sergey Udaltsov  Russian tourism  Leo Tolstoy  Chelyabinsk  Nature Reserves  Vandalism  hotels in Moscow  Dagestan  Edgard Zapashny  Moscow  Andrey Panin  Bolshoy   fashion designer  book hotels in Russia 


Travel Blogs
Top Traveling Sites