The IMF improves the forecast of Russia’s GDP

The International Monetary Fund (IMF) has become more optimistic about the prospects for the Russian economy in 2021, follows from the fund’s report.

Thus, the forecast for Russia’s GDP growth has been improved to 3% from 2.8% in the October forecast.

In 2022, the IMF expects an increase of 3.9% (previously projected a rise of 2.3%).

In 2020, according to the organization, the Russian economy contracted by 3.6%.

In November, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said that the global economy would grow only if the mass vaccination of the population against coronavirus began.