Russia’s Ministry of Finance is projecting steady GDP growth of more than 4% in 2021, while raising the outlook for inflation to more than 5%, Vedomosti newspaper reported on Wednesday, citing officials.
“The trajectory of recent months indicates even more optimistic recovery dynamics and a possible acceleration of economic growth rates above 4% per annum,” the newspaper states, quoting a letter by Russia’s Deputy Finance Minister Vladimir Kolychev to Deputy Prime Minister Dmitry Grigorenko.
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