The Bank of Russia expected completion by the end of 2017 of the post-crisis recovery of the Russian economy. And it, in fact, happened, said the head of the Central Bank Elvira Nabiullina at the Gaidar forum.
According to the country’s chief banker, Russia in the past year 2017 came out “approximately in the volumes and at those levels of GDP growth,” which the Central Bank was expecting.
“In a sense, we are now at a turning point,” Nabiullina said, “The main issue now is how and what we will continue to grow in. The macroeconomic stability that has reached has enabled the economy not to fall much, but the main challenge for us is the future pace of economic growth “.
However, in the coming year, 2018, the head of the Central Bank gave a clear forecast: according to the regulator, the Russian economy this year will grow at a rate not exceeding 1.5-2%.
Author: Alexander Protsenko
Article in Russian: RG.ru