Twelve militants of Islamic Jihad Mujahideen Jamaat grouping detained in KaliningradSociety & Culture April 27, 2:14
Russian Prosecutor General’s Office finds another 3 NGOs to be undesirableRussian Politics & Diplomacy April 26, 21:42
Moscow ‘seriously concerned’ about Turkish airstrikes in Iraq, SyriaRussian Politics & Diplomacy April 26, 20:55
North Korea ‘neither fears war nor wants to avoid it,’ says country’s UN missionWorld April 26, 20:37
Russia’s Emergencies Ministry to continue helping Serbia in mine clearance in 2017Military & Defense April 26, 20:20
Putin says Russia, China maintain relations at 'unprecedentedly high level'Russian Politics & Diplomacy April 26, 20:02
Polls shows number of happy Russians at record-breaking historic highSociety & Culture April 26, 19:27
IS recruiting Taliban fighters in Afghanistan — Russia’s General StaffMilitary & Defense April 26, 18:49
Coffin with presumed remains of 19th century Russian general dug up in TurkeySociety & Culture April 26, 18:26
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.