Russia and Turkey hit Islamic State targets near al-Bab in Aleppo provinceWorld January 23, 20:06
Russia’s 4th Yasen-class submarine completes hydraulic testsMilitary & Defense January 23, 18:56
Arctic airport in search for investorsBusiness & Economy January 23, 18:50
Rosneft begins Arctic shelf’s seismological exploration from 2017Business & Economy January 23, 18:38
Tesla takes the lead in sales of electric cars in Russia in 2016Business & Economy January 23, 18:18
Politician says European-style reforms to degrade Ukraine’s economyWorld January 23, 18:16
Russia has potential to further upgrade MiG-31 fighter jetsMilitary & Defense January 23, 18:10
Russian cinema sets box office record chalking up nearly $145 mln in 2016Society & Culture January 23, 17:37
German foreign minister says long-term solution to Syrian crisis to be discussed in GenevaWorld January 23, 17:34
MOSCOW, October 14. /TASS/. Experts of the Eurasian Development Bank (EDB) note the normalizing trend in economies of member-states, the bank said on Friday.
"Gradual normalization of economic dynamics is worth to be expected by the end of this year from standpoint of normalization of rates and payment balance parameters against the background of capital outflow contraction," EDB Chief Economist Yaroslav Lisovolik said.
"Despite the fact that gradual relaxation of monetary policy will attribute extra impetus for recovery of economies in countries of the region, the core potential for accelerated recovery will be still concentrated in the field of structural transformations, including dividends EDB countries may receive from economic integration," he added.
Analysts of the bank expect inflation across EDB members will decline to 6.1% in 2016. Inflation in Russia will be less than 6% by 2016 year-end and this indicator "may renew its all-time low figures and turn to be 4%," the Bank said.
The Eurasian Development Bank is an international financial organization established by Russia and Kazakhstan in 2006. The Bank’s charter capital totals $7 billion. EDB members are Armenia, Belarus, Kazakhstan, Kirgizia, Russia and Tajikistan.