The Central Bank Expects GDP Growth of the Russian Federation in 2026 up to 1%.
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3 Articles
The Bank of Russia is expecting the Russian economy to grow by up to 1% this year, and thereafter, based on the data, the pace will gradually increase.
Elvira Nabiullina, Chairman of the Board of the Bank of Russia, speaking in the Russian State Duma, admitted that Ukrainian drone strikes had an impact on the country's GDP growth rate. “The picture varies by industry, but in general, in the second half of the year, the economy took an upward trajectory. We expect that GDP will grow by 1% by the end of the year, and this is even despite the decline in production [...]
The Russian economy will grow at the end of 2026 up to 1% despite the loss of some of its production capacity due to drone attacks, a projection that was made by the President of the Central Bank, Elvira Nabiullin, who addressed the State Duma plenary.
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