Aide to the head of state Maxim Oreshkin spoke about the accelerated transformation of the economy of the Russian Federation.
“The economy grew in the second quarter by 4.9% compared to last year, moreover, growth is observed by the second quarter of 2021,” he said.
Also Oreshkin noted that the oil and gas gross domestic product of the Russian Federation showed an even faster pace.
He specified that the fast phase of economic recovery is over, now growth will decline to a more stable range of 2-2.5 percent per year.< /p>
Earlier, Russian leader Vladimir Putin said that Russian GDP growth in 2023 could offset the decline in 2021.
On July 21, the Central Bank improved its forecast for Russian GDP growth this year to 1.5 -2.5%.