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IMF lowers Russia’s 2019 GDP growth forecast

By Interfax-Ukraine.
People walk along a bridge in Zaryadye park near Stalin's tower building during rainy weather, in downtown Moscow on Oct. 6, 2019.
Photo by AFP

MOSCOW – The International Monetary Fund (IMF) forecasts GDP growth for Russia at 1.1 percent in 2019 in its latest World Economic Outlook (WEO).

This is 0.1 of a percentage point below the forecast given in the July WEO.

The IMF’s forecast for Russian GDP growth in 2020 is unchanged at 1.7 percent.

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