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IMF attributes revision of Russian GDP growth outlook to tighter financial conditions

THe IMF lowered its forecast for Russia’s GDP growth to 1.6% in 2019 and 1.7% in 2020

© AP Photo/Cliff Owen

DAVOS, January 23. /TASS/. The International Monetary Fund (IMF) revised downward its forecasts on growth of the Russian economy in 2019-2020 because of lower oil prices and worsening of financial conditions, IMF Economic Counsellor Gita Gopinath told TASS on the sidelines of the World Economic Forum on Wednesday.

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