Due to the decline in exports and investment decreases, Russia's economic growth will slow than expected in 2013. On Thursday (April 11), Russia's economy vice minister, Andrej Klepatsch said, Russia's gross domestic product (GDP) this year is expected to increase only 2.4%, not 3.6%. In addition, the $30 billion to $35 billion of outflows will be significantly lower than the expected value. Andrej Klepatsch said that Russia's inflation rate is expected to reach 5.8%.
Written by Dora Men
Source:
