< br />
MOSCOW, Aug 26 GDP growth may exceed 2.5 percent this year, Finance Minister Anton Siluanov said in an interview with CGTN.
«We are taking measures to offset <…> the consequences of the sanctions… If last year the economy contracted by 2.1 percent, then this year we expect a recovery of about 2.5 percent, maybe higher «, he said.
According to the minister, as a result, Russia will win back the fall that occurred last year.
The Ministry of Economic Development predicted GDP growth this year at 1.2 percent. In early August, the head of the department, Maxim Reshetnikov, stressed that the growth rate would be exactly above two percent, the ministry will present an updated forecast later. The Central Bank expects economic growth in the range of 1.5-2.5% percent.