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World Bank expects Russian GDP to increase by 2.3 percent in 2013

Russia’s GDP should increase by 3.5 percent in 2014

Photo EPA/ITAR-TASS

Photo EPA/ITAR-TASS

WASHINGTON, June 13 (Itar-Tass) - The World Bank expects Russia’s GDP to increase by 2.3 percent in 2013, according to the WB Analytical Report given in Washington on Wednesday, June 12.

Russia’s GDP should increase by 3.5 percent in 2014 and by 3.9 percent in 2015, the WB said.

The WB’s forecast approximately coincides with the Russian authorities’ figures. Earlier, the Russian Economic Development Ministry said, “GDP can increase by 2.4 percent in 2013.”

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