Russia’s GDP expected to grow at least 1.5 pct this year

Russia’s gross domestic product (GDP) is projected to grow by at least 1.5 percent in 2025, Russian Finance Minister Anton Siluanov said Wednesday, citing estimates by the Ministry of Economic Development.

   “While this year’s monetary policy environment remains quite tight, we still anticipate economic growth of no less than 1.5 percent for the year, at the very least, that is the Ministry of Economic Development’s current estimate,” Siluanov said on Wednesday.

   The press service of the ministry said that work on the macroeconomic forecast is underway, with updated figures to be released in the near future.  Enditem

Source: Xinhua

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