IMF has improved forecast of GDP growth in Russia

Thus, the forecast for Russia's GDP growth has been improved to 3% from 2.8% in the October forecast.

In 2022, the IMF expects growth of 3.9% (previously forecast for a rise of 2.3%).

In 2020, according to the organization, the Russian economy contracted by 3.6%.

In November, the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said that the world economy will grow only if the mass vaccination of the population against coronavirus begins.