Agency Fitch has lowered its growth forecast for Russia’s GDP
Agency Fitch has lowered its growth forecast for Russia’s GDP
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Analysts gave a forecast for 2018-2010 years.
International rating Agency Fitch downgraded the forecast of Russia’s GDP growth from 2 to 1.8% in 2018.
About it reports RBC.
Analysts said the modest growth rate of Russian GDP in the first quarter of 2018 (at 1.3%). Economic growth will keep a careful budget policy and the growing purchases of foreign exchange by the Russian Ministry of Finance intended to isolate the ruble from the dynamics of oil prices, says Fitch.
The Agency also lowered its forecast for Russia’s GDP in 2019 from 2% to 1.9%. In 2020, according to the Agency, the Russian economic growth will decrease to 1.5%.
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Recall that Fitch Ratings has maintained the growth forecast of Ukraine’s economy in 2018 at the level of 3.2% and forecasts an acceleration of economic growth in Ukraine in 2019 3.7%. Fitch notes that in 2017 Ukraine’s economy continued to show slight recovery, and estimates the GDP growth for the year by 2%.
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