Photo: Alexey Danichev / RIA Novosti
A sharp acceleration of the Russian economy questioned: experts from the international insurance company Euler Hermes predicted that in 2020 Russia’s GDP will grow by only 1.3 percent, and in 2021 — 1.5 percent. This is almost two times less than the projected growth of the world economy at the same time. Press release forecasts is in the possession “of the Tape.ru”.
The world economy in General, according to Euler Hermes estimates, will grow by 2.4 percent in 2020 and 2.8 percent in 2021-m. the company Also predicts the departure of China’s growth rate below 6 percent.
During his address to the Federal Assembly on 15 January, Russian President Vladimir Putin said that in 2021 the growth of the Russian economy will exceed the global average. He stressed that this will contribute to a new investment cycle with the planned increase in investment each year in an amount not less than 5 percent. A few hours later after the message the Russian government has resigned.
The economy Ministry forecast GDP for 2020 is 1.7 per cent, although previously it was assumed that the growth will reach 2 percent. By the end of 2019, experts expect growth in the range of 1-1. 1 percent. Earlier in November, the Italian Bank UniCredit suggested that within two years the Russian economy will not go beyond growth to 1.4 percent. This is the most pessimistic prediction of all 39 evaluations collected in the consensus forecast of Bloomberg.
Also, Euler Hermes expects that in the next two years the growth of China’s GDP, even if there is no escalation in relations with the United States, will decline to a record low of 5.9 and 5.8 per cent. The European economy will grow slower Russian — 1 and 1.3 per cent, and the us in 2021-m reaches 2 percent.
Video, photo All from Russia.