All news

GDP growth rates of CIS countries exceed outlook by World Bank and IMF — Russian Deputy PM

According to Alexey Overchuk, such a significant increase was achieved largely due to the cooperation of these countries with Russia, both in terms of expanding trade and industrial operations, and in terms of labor migration

MOSCOW, March 29. /TASS/. The growth dynamics of the gross domestic product (GDP) of the CIS member countries exceeded the forecasts of the World Bank and the International Monetary Fund (IMF), Russian Deputy Prime Minister Alexey Overchuk said at the International Economic Forum of the CIS countries.

"The actual growth rates of real GDP of the CIS countries significantly exceeded the forecasts of the International Monetary Fund and the World Bank," he said.

"For example, the real GDP of Russia last year was 3.6% of GDP, in Armenia this figure is 8.7%, in Kazakhstan - 5.1%, in Tajikistan - 8.3%, in Turkmenistan - 6.3%, in Kyrgyzstan - 6.2%, in Belarus, which is also under tough sanctions, it is 3.9%," he added.

According to the Russian Deputy Prime Minister, such a significant increase was achieved largely due to the cooperation of these countries with Russia, both in terms of expanding trade and industrial operations, and in terms of labor migration.

"Currently, the Commonwealth of Independent States is the most representative regional international organization uniting states on the basis of historical, economic and cultural commonality," the Deputy Prime Minister said.

Tags