Comment on Russia will grow faster than the US and all other advanced economies this year, the IMF says

Russia will grow faster than the US and all other advanced economies this year, the IMF says

Russia's President Vladimir Putin.Artem Geodakyan/POOL/AFP via Getty Images Russia's economy is predicted to grow by 3.2% in 2024, outpacing all advanced economies, including the US, the IMF said. Despite the war, high investment and robust private consumption have driven Russia's economy forward. The IMF expects the momentum to fade in 2025, with Russia growing at a rate of 1.8%.

 

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