'Russia's economy to grow by 2.8 % in 2023'

By Xinhua News Agency

Nov 06, 2023 12:16 am

MOSCOW: Russia's economy is expected to increase by about 2.8 percent in 2023 after shrinking 2 percent last year, Russia's Tass news agency reported Saturday, citing Finance Minister Anton Siluanov.

'We expect the economy to grow around 2.8 to 3 percent this year. We have fully compensated for the 2 percent decrease in growth rate that happened last year,' he said.

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