Russian economy to grow by 4.7% in 2021 - Putin

  • 11/12/2021
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MOSCOW, Nov 12 (Reuters) - The Russian economy will grow by 4.7% in 2021, President Vladimir Putin said on Friday, voicing a more optimistic forecast than of the central bank and the government. After falling 3% in 2020, its sharpest contraction in 11 years, the economy has recovered to pre-pandemic levels. The central bank expects the economy to expand by 4.0%-4.5% this year, while the economy ministry predicts a 4.2% growth. (Reporting by Darya Korsunskaya; Writing by Andrey Ostroukh; Editing by Alison Williams)

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