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| Version 0 | Version 1 |
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| IMF improves forecast for Russia’s economic growth this year | IMF improves forecast for Russia’s economic growth this year |
| (7 months later) | |
| The International Monetary Fund (IMF) has improved its outlook on the Russian economy, projecting GDP growth of three percent in 2021 against its October growth forecast of 2.3 percent. | The International Monetary Fund (IMF) has improved its outlook on the Russian economy, projecting GDP growth of three percent in 2021 against its October growth forecast of 2.3 percent. |
| In 2022, the IMF expects Russia's gross domestic product (GDP) to grow by 3.9 percent. That is also an upward revision of the previous expectation of a 2.3 percent growth. According to the fund, the Russian economy contracted 3.6 percent last year. | In 2022, the IMF expects Russia's gross domestic product (GDP) to grow by 3.9 percent. That is also an upward revision of the previous expectation of a 2.3 percent growth. According to the fund, the Russian economy contracted 3.6 percent last year. |
| The IMF has projected the global economy will grow 5.5 percent in 2021 and 4.2 percent in 2022 “amid exceptional uncertainty.” | The IMF has projected the global economy will grow 5.5 percent in 2021 and 4.2 percent in 2022 “amid exceptional uncertainty.” |
| Global economic activity still remains well below pre-pandemic levels, it said, pointing out that “Even with the anticipated recovery in 2021-22, output gaps are not expected to close until after 2022.” | Global economic activity still remains well below pre-pandemic levels, it said, pointing out that “Even with the anticipated recovery in 2021-22, output gaps are not expected to close until after 2022.” |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
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