Central Bank: Economic revival in Russia will affect regional countries positively

Central Bank: Economic revival in Russia will affect regional countries positively
  • Clock-gray 08:32
  • calendar-gray 05 August 2017

According to CBA, the growth on these countries is forecasted to be 1.7% in 2017.

 

“Russian economy, which has been facing recession for two years, is expected to grow 1.4% in 2017.Improving financial condition, revival of total demand and stable oil and gas prices are reasons for economic revival. The economic revival in Russia is supposed to affect other countries positively through investments, trade channels and money”.

 

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