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Reuters: IMF says emerging Europe to see slight growth pickup on Russia

Published Nov. 2, 2016 at 1:35 pm

IMF Spokesman Gerry Rice attends a press conference at the 2016 Annual Meetings of the International Monetary Fund Headquarters and the World Bank Group at the IMF on Oct. 6, 2016 in Washington, DC.

Photo by AFP

Economic growth will pick up in central, east and southeastern European countries (CESEE) next year on economic recoveries in Russia and neighbouring countries, the International Monetary Fund (IMF) said on Nov. 2.

The IMF forecast the emerging Europe region as a whole would grow by 2.1 percent next year, an acceleration from 1.3 percent in 2016.