GENERICO.ruWorldRussia's GDP growth may exceed the estimate of 4.2 percent, Reshetnikov said

Russia's GDP growth may exceed the estimate of 4.2 percent, Reshetnikov said


MOSCOW, Dec 13 Russia's GDP growth in 2021 may be slightly better than the forecast of the Ministry of Economic Development in 4.2%, said the Minister of Economic Development Maxim Reshetnikov at a meeting with representatives of the Association of European Businesses (AEB). The official forecast of the Ministry of Economic Development, which formed the basis of the budget for 2022, assumes the growth of the Russian economy in 2021 by 4.2%. In 2022, growth is expected at the level of 3%. “Generally speaking, our economy is indeed developing well. October statistics came out quite strong, in general, we say that for 10 months we have a growth rate of 4.6%. GDP, our estimate. This allows us to expect even slightly better than our estimates what we did in August-September, the results of the year, “Reshetnikov said. Earlier, the ministry published its estimate of Russia's GDP growth in October – by 4.9% in annual terms (after 3.7% in September), as well as for 10 months – the growth was 4.6%. Nabiullina gave an inflation forecast by the end of the year

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