Russian-Syrian checkpoint opens in Eastern Goutha de-escalation zoneWorld July 25, 8:17
Russian-Chinese naval drills in Baltic Sea to enter active phaseMilitary & Defense July 25, 7:59
Putin to meet with Iraq’s vice-presidentRussian Politics & Diplomacy July 25, 6:49
Russian super-heavy booster vehicle to bring payloads of 70 tns to orbitScience & Space July 25, 5:34
New limits on microloans to kill off most micro lenders in Russia, say expertsBusiness & Economy July 25, 3:45
Lavrov says astonished by mass hysteria among US politiciansRussian Politics & Diplomacy July 25, 1:35
Lavrov comments on Syrian de-escalation zone agreementRussian Politics & Diplomacy July 24, 20:15
Iraq calls for closer cooperation with RussiaWorld July 24, 19:09
Russia develops laser-guided automatic landing system for dronesMilitary & Defense July 24, 18:22
MOSCOW, April 19. /TASS/. Russia’s Central Bank Chief Elvira Nabiullina says the regulator sees signs of slowing down economic contraction rates and projects economic growth by the end of this year.
"It is gratifying that the contraction rates are still slowing down. If there are no any fresh external shocks we expect the economy to recover and start growing by the end of this year," Nabiullina said in an interview aired by the Rossiya-24 TV news channel on Tuesday.
According to Nabiullina, the diversification of the economy will trigger growth, though it will take some time. "Hopefully, those positive trends will strengthen and deepen," she said adding that similar trends are seen in a number of sectors, including agriculture, food, chemical, pulp sectors and machinery.