World Bank : Russia's GDP to grow by 2.6% in 2021

World Bank : Russia's GDP to grow by 2.6% in 2021
  • Clock-gray 14:35
  • calendar-gray 06 January 2021

Russia's economy is expected to grow by 2.6 percent in 2021, regaining some of the previous year's losses at a slower pace than many of its regional neighbors, the World Bank said in a its annual forecast on Tuesday, APA reports citing Urdupoint.

"Growth in Russia, the region's largest economy, is envisioned to pick up only modestly in 2021, to 2.6%, as the country grapples with a renewed acceleration in COVID-19 infections," the World Bank said in its 2021 Global Economic Prospects.

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