Analytics 15.04.2015

IMF expects fall of Russian GDP in 2015 at 3.8% compared to earlier forecast of 3%

The International Monetary Fund (IMF) expects the fall of Russia's GDP in 2015 to 3.8%, the fund said in a new analytical forecast report on Tuesday.

Earlier, the IMF predicted that Russia's GDP this year will fall by 3%. According to the new forecast of the fund, in 2016 the economic downturn in Russia will be 1.1%, while earlier the forecast was at 1%.

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Russia

Yury Mishchenko, graduated from Moscow Institute of Foreign Languages, has more than 15 years experience in tourism and travel. Working both in tour operator company as destination manager, and in travel agency as sales manager, he is focused on analysis of Russian tour operators’ daily routine. Recently, Yury works in Baginet Marketing and Sales Agency.