IMF lowers Russia growth forecast for 2014 and 2015April 30, 2014 - 14:46 AMT PanARMENIAN.Net - The International Monetary Fund (IMF) lowered its growth forecast for the Russian economy for 2014 and 2015 to 0.2 % and 1%, respectively, IMF advisor Antonio Spilimbergo said Wednesday, April 30, according to RIA Novosti. "We adjusted the forecast for economic growth in Russia. We expect growth of 0,2 % this year," Spilimbergo said. He added that next year, the IMF predicts 1% growth for Russia's GDP. The previous IMF growth forecast for the Russian economy was 1.3 % for 2014 and 2.3% for 2015. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Government reveals details from Pashinyan’s meeting in border village Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush province Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. |