NATO’s saber-rattling only impairs security of alliance's members — diplomatRussian Politics & Diplomacy May 22, 20:20
Russian sledge hockey team may compete in 2018 Paralympics — IPCSport May 22, 18:53
PM Medvedev says envoy’s murder 'left imprint' on Russian consulate’s work in TurkeyRussian Politics & Diplomacy May 22, 18:40
Peruvian fire-fighting service wants to buy Russian Mi-171 helicoptersBusiness & Economy May 22, 18:00
Putin sets task of accelerating work on super-heavy rocketScience & Space May 22, 17:55
Russian PM comments on decision to remove trade restrictions with TurkeyBusiness & Economy May 22, 17:39
Russia and its EU partners discuss entry point for Turkish Stream’s second lineBusiness & Economy May 22, 17:38
Austrian chancellor to address SPIEF-2017 on June 2Business & Economy May 22, 17:00
Russian air defense weaponry sparks interest at Minsk military showMilitary & Defense May 22, 16:54
WASHINGTON, January 20. /ITAR-TASS/. The International Monetary Fund (IMF) has reviewed its forecast of Russian economic growth in 2014 downwards from 3 % to 2 % of GDP, while 2.5 percent is expected in 2015. These are estimates of the IMF’s new revised forecast, sources familiar with the issue told Itar-Tass. The official document will be released on Tuesday.
Estimated economic growth in 2013 remained unchanged against the autumn report, at 1.5 % of GDP. The revision gives no inflation estimates as they are traditionally included in major analytical reviews released twice a year, in spring and autumn.
Last October, when asked about reasons for economic deceleration in Russia, deputy chief of the IMF’s Research Department, Jцrg Decressin, said the IMF saw two main issues - cyclic and structural, the latter being due to slower growth and business climate that did not favor investments. No comments followed on the cyclic factors.
Decressin added that under normal circumstances he saw no scenarios in which the Russian economy could start to contract.
Meanwhile, Russian Deputy Minister of Economic Development Andrey Klepach has recently announced that Russian GDP could have added 1.3 % in 2013.