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Russian GDP is expected to grow within previously announced parameters – Minister of Economy – Business & Economy

Russian GDP is expected to grow within previously announced parameters – Minister of Economy – Business & Economy

DAR ES SALAAM, October 30. /TASS/. Current expectations for Russian GDP growth in 2025 are 2.5%, as previously announced, Minister Maxim Reshetnikov told reporters on the sidelines of the Russian-Tanzanian Business Forum.

“We are now moving within the framework of the parameters that have been announced. We are now seeing signs of the beginning of the economic slowdown. Certainly, we will consider the situation very carefully and analyze it based on the figures that will appear. The main assumption we always give “Timely decisions are needed, and not just the hardness or softness of policy,” Reshetnikov noted.

The ministry has revised upwards its forecast for Russia’s GDP growth to 3.9% in 2024 and 2.5% in 2025.