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Bank of America raises Russia’s GDP growth forecast for 2015 after gas deal with China

The investments growth forecast has been raised from 0.4% to 4.3%

Bank of America headquarters in Boston (archive) EPA/CJ GUNTHER

Bank of America headquarters in Boston (archive)

© EPA/CJ GUNTHER

MOSCOW, May 28. /ITAR-TASS/. Bank of America Corp. (BAC) has raised Russia’s GDP growth forecast for 2015 from 1.5% to 2.1% amid the gas deal with China, according to the company’s analytical report.

The GDP growth forecast for the current year has been left at 0.9%.

Meanwhile, Russia’s investments growth forecast has been raised from 0.4% to 4.3%.

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