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3.2 Macro outlook
The Organization for Economic Cooperation and Development (OECD) has worsened a growth outlook for Russia’s 2021 gross domestic product (GDP) to 2.7% from 2.8% expected earlier, the organization said on Tuesday. The OECD also improved Russia’s GDP growth forecast for 2022 to 2.6% from 2.2% expected earlier. In 2020, Russia’s GDP fell 3.6%, the organization said.
40 RUSSIA Country Report April 2021 www.intellinews.com