Russian war memorial in Poland reopens after renovationWorld June 22, 19:41
Le Bourget air show: Russia clinches contracts for military hardware deliveriesMilitary & Defense June 22, 19:28
Czech president supports idea of referendum on country’s withdrawal from EUWorld June 22, 18:57
Russian fans show fascinating hospitality at 2017 Confederations Cup — renowned pianistSport June 22, 18:32
First days of Soviet Union's Great Patriotic War in picturesSociety & Culture June 22, 18:10
Defense Ministry comments on upcoming Russia-China military exercisesMilitary & Defense June 22, 18:08
Death toll in Afghan terror attack climbs to 34World June 22, 18:04
Russian MP castigates Poland’s decision to demolish Red Army monuments as ‘blasphemous’Russian Politics & Diplomacy June 22, 17:46
Ex-Ukrainian president lambastes Europe for ‘brining Ukraine to its knees’World June 22, 17:12
WASHINGTON, April 14. /TASS/. The Russian economy is generally moving in a proper direction but results are not outstanding so far, IMF Managing Director Christine Lagarde said on Thursday.
Russian President Vladimir Putin said earlier in Moscow the situation in the Russian economy has not yet improved but a positive trend surfaces.
"Clearly the trend is directionally up, but it doesn't mean that the results are outstanding," Lagarde said.
"There is improvement, it is true," Lagarde said. "For a country that's vastly dependent on the extraction of natural resources, it means there has been a lot of burden shouldered by the Russian population in order for those results to be directionally correct," she added.
Lagarde calls to "read very carefully the new World Economic outlook" of the IMF. IMF forecasts in the paper Russia’s GDP will decline 1.8% in 2016.