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Russian economics ministry raises GDP growth forecast

Other News Materials 24 September 2007 23:54 (UTC +04:00)

( RIA Novosti ) - The Ministry of Economic Development and Trade said on Monday that Russia's gross domestic product is expected to grow 7.3% in 2007.

The ministry's earlier forecast for 2007 was 6.5%, but annualized growth in the first seven months of the year hit 7.9%.

The ministry said GDP in 2008-2010 would grow 6.4%, 6% and 6.3% respectively.

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