IMF expects Russian economy to continue to "shrink"

IMF expects Russian economy to continue to "shrink"

In 2016, Russian economy will continue to "shrink", but not as much as in 2015. The director of the International Monetary Fund (IMF) Christine Lagarde expressed this opinion today.

"Perhaps it's good news for Russian economy. But we don't have a positive forecast for it. We still believe that Russian economy will continue to shrink, but much less than in 2015," she said.

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