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Eastern Economic Forum

Russia's GDP growth by the end of 2023 could range from 2% to 3% — Gref

According to the Bank of Russia, the level of GDP growth in the country by the end of the year will likely be in the upper limit of the forecast of 1.5-2.5%

VLADIVOSTOK, September 12. /TASS/. Russia's GDP growth by the end of 2023 could range from 2% to 3%, Head of Sberbank Herman Gref said at the Eastern Economic Forum (EEF).

"We believe that this year the growth will be over 2%. Over 2% is obvious, but [the figure] between 2 and 3% is now difficult to predict," he said.

Earlier, Sberbank predicted Russian GDP growth in 2023 at 1.8%.

According to the Bank of Russia, the level of GDP growth in the country by the end of the year will likely be in the upper limit of the forecast of 1.5-2.5%. The Ministry of Finance also expects the growth of the Russian economy at the end of the year at a level of at least 2%.

The 8th Eastern Economic Forum (EEF) is held in Vladivostok on September 10-13, 2023. The slogan for this year’s forum is: On the Path to Partnership, Peace and Prosperity. The Roscongress Foundation is the event organizer; TASS is the EEF’s general information partner.

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Central Bank of Russia Eastern Economic Forum

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