Politics

Mixed Outlook for Russia

Published: March 4, 2013; 15:43 · (Vindobona)

This year, Russia´s GDP will grow by 3.3%, the World Bank predicts. Regarding economic reforms, Russia must improve its effort, though.

Mixed Outlook for Russia / Picture: © Flickr

In the last years, Russia´s economy expanded substantially. The real income grew significantly and the number of people at risk of poverty was down to 16 million. This year, the World Bank forecasts a growth rate of 3.3%. Moreover, Russia´s public debt remains at a low level. At the moment, the debt-to-GDP quota comes at 10%.

However, in January, the industrial sector began to…

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Mixed Outlook for Russia

This year, Russia´s GDP will grow by 3.3%, the World Bank predicts. Regarding economic reforms, Russia must improve its effort, though.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.