Page 28 - RusRPTFeb22

Russia’s GDP will decelerate to 2.4% in 2022 and to 1.8% in 2023,
the World Bank said in its Global Economic Prospects report. "Growth in the Russian Federation - the region’s largest economy - is projected to moderate to 2.4% in 2022, as macroeconomic policy continues to tighten and domestic demand wanes, and to further decelerate to 1.8% in 2023, as industrial commodity prices edge down," the World Bank’s experts said.
The International Monetary Fund (IMF) downgraded its forecast for global GDP growth this year by 0.5 percentage points (pp) to 4.4% for 2022, compared to its October estimates, according to the January report of the IMF. According to the fund's analysts, this year the global GDP growth rate will be 4.4%, in the October forecast this figure was 4.9%. In 2023, the IMF expects growth of 3.8%. Last year, according to the estimates of the fund's analysts, the world economy grew by 5.9% (the figure remained unchanged compared to the October forecast).
The official CBR macroeconomic forecasts are here.
28 RUSSIA Country Report February 2022 www.intellinews.com