The Russian government may revise its GDP growth forecast for 2023 upward to around 1%, and economic growth may be revised upward to 2% in 2024, citing sources. Russia's Economy Ministry plans to update its macroeconomic forecasts in April. On March 16, Putin said he expects Russia's GDP to grow significantly in the second quarter, and on Feb 10, the Bank of Russia projected GDP growth in 2023 to be between -1-1 percent.
Russia to Raise its GDP Growth Forecast
The Russian government may revise its GDP growth forecast for 2023 upward to around 1%, and economic growth may be revised upward to 2% in 2024, citing sources.
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