: :inin Kyiv (EET)

Economists Slam Russian PM’s Optimistic Growth Forecast


Russian economists have slammed Prime Minister Dmitry Medvedev’s optimistic outlook on his country’s economy.

In a group interview with five Russian television channels Wednesday, Medvedev claimed Russia’s economy was no longer receding and, by his estimation, would begin growing in 2016.

“Based on the data that are available to the government, I can tell you that the downturn in the economy and production has been stopped,” he said, “and we believe that growth will resume next year.”

Russian economists, however, described Medvedev’s assessment as having little grasp of economic reality and being overly optimistic in forecasting growth.

“All the authorities in Russia …read more

Source: Voice of America

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