IMF Again Raised its Estimate for Russia's GDP Growth

The International Monetary Fund (IMF) again raised its estimate for growth in the Russian economy, but advised not to have illusions about the speed of post-crisis recovery. 

Driven by demand recovery GDP of Russia, collapsed in 2009 at 7.9 per cent in 2010 may grow by 4.25 per cent, but despite the expected recovery of consumption, inflation in the country for the year will amount to a record low of 6 per cent, said on Tuesday the Head of IMF mission in Russia Paul Thomson.

Nat Lawyer