Moscow, Oct 22, 2024 (AFP) - IMF raises Russia growth forecast

NAMPA / AFP

2024-10-22

The International Monetary Fund on Tuesday boosted its 2024 growth forecast for Russia, with massive government spending on the offensive in Ukraine providing a powerful economic stimulus. The organisation also slashed its outlook for Ukraine, whose economy and infrastructure has been battered by the two-and-a-half-year conflict. Both countries are spending huge sums to fight the conflict, with Moscow's outlays having helped the economy grow st......

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