Mobile version

Russian Economic Growth Slowed to 1.3% in 2019

by Naharnet Newsdesk 03 February 2020, 15:31
W460

Russia's economic growth slowed to 1.3 percent last year, the state statistics agency said Monday.

The figure represents a considerable drop in pace from the 2.5 percent expansion in 2018, and presents a major challenge to the government of Vladimir Putin who has said the country should see a higher pace of economic growth than the rest of the world in 2021 after five years of falling incomes for Russians.

SourceAgence France Presse
Business
Comments 0