IMF is passed lowest point of Russian economy

The IMF is passed the lowest point of the Russian economy

Experts from the International Monetary Fund is passed the lowest point of the recession in Russia. The corresponding statement was prepared by the fund in a note to the summit of “Big Twenty” in the Chinese city of Hangzhou.

The IMF believes that the Russian economy has reached bottom and is now its prospects for growth have increased by a decline in the financing and the rise in oil prices costs.

Earlier, the Fund adjusted the outlook for the Russian economy on the rise. According to the new forecast, Russia’s GDP will fall by 1.2% this year, but will rise by 1% next year.

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