The Central Bank of the Russian Federation presented forecasts for the development of the Russian economy for the next three years, and it is expected that by 2024 it will return to positive levels.
The Russian Central said Russia’s gross domestic product is expected to be negative next year and positive by 1.5 to 2.5 percent by 2024.
The Central Bank also expected that the main interest rate would be in the range of 6.5% – 8.5% in 2023, decrease in 2024 to the level of 6% – 7%, and by 2025 to 5% – 6%. %.
The inflation index is expected to reach 12-15% this year, dropping from 5-7% in 2023 to 4% by 2024.
Source: RT