EBRD deteriorated the forecast for Russia's GDP to 1.5% ! !!

in busy •  7 years ago  (edited)

EBRD deteriorated the forecast for Russia's GDP to 1.5%

The European Bank for Reconstruction and Development is expected to grow from 1.7% to 1.5% in 2018.

image

As stated in the May report of the bank, the sanctions imposed by the United States, "increased the economic uncertainty of investors," and "investment activity remains sluggish, and oil prices are somewhat reduced," Kommersant writes.

The growth of Russia's GDP, according to experts, should be supported by the restoration of consumption and investment, as well as higher oil prices and macroeconomic stabilization. At the same time, the EBRD believes that without realizing significant changes to the modernization of the economy, GDP growth in the long run will remain at the level of about 1-2% per year.

source

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

You have a minor grammatical mistake in the following sentence:

At the same time, the EBRD believes that without realizing significant changes to the modernization of the economy, GDP growth in the long term will remain at the level of about 1-2% per year.
It should be in the long run instead of in the long term.

thank you !

You got a 14.54% upvote from @t50 courtesy of @jannathamss!
95% of all SBD bids go to the people who invest by delegating to the bot.


To use this service send a minimum of 0.010 SBD or STEEM to @t50 with the post you want upvoted as the memo.
For a limited time top bidder will get 15+ additional upvotes!
Low Minimum Bids!
Increase Your Rep!
Draw Attention To your Post.
Earn Passive Income By Delegating SP to the Bot.
Overbid Protection
Voting processed every 2.4h (2,880 blocks).
@t50 follows all followers!


If you do not want to receive upvotes from @t50 you can ask to be blacklisted by replying to this comment.