World Bank: Russia able to reach global economic growth average rates

World Bank: Russia able to reach global economic growth average rates

The World Bank CEO Kristalina Georgieva said that Russia is able to reach average global economic growth rates of around 2.9%.

"The World Bank projects a 2.9% global economic growth rate through 2020. I assume this is an attainable goal for Russia," TASS cited her as saying.

According to her, it is necessary to enhance the efficiency of capital and labor in order to achieve high growth rates.

"Specifically for Russia it means a serious approach to investing in people, in human capital, particularly in the quality of education and labor," Georgieva added.

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