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  • Russian GDP predicted to fall 2.9% by World Bank
Russia Economy

Russian GDP predicted to fall 2.9% by World Bank

14/01/2015

Russian GDP is likely to fall by 2.9% this year but will begin growing again in 2016, according to the World Bank’s January Global Economic Prospects report. Having revised its earlier prediction of 1.5% downwards, the World Bank expects the Russian economy to start growing more noticeably (by 1.1%) in 2016. Interfax

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Topics: development banks, macroeconomics

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