Source Pravda.Ru

Russia's 2003 GDP growth likely to reach 4.5 %

Russia's GDP is likely to grow by 4.5 percent in 2003, Deputy Economy Minister Arkady Dvorkovich told reporters in Moscow today. He said this GDP growth would only be seen if the price of Brent oil dropped to $21 or $22 per barrel. At present, the price of Brent oil is about $25 per barrel. Dvorkovich noted that if the price of Brent oil stayed put, Russia's GDP would amount to 5 percent.

Comments
US sanctions to kill Russian banks and sovereign debt?
Russia builds new robotic tank invulnerable to mines
Russia builds new robotic tank invulnerable to mines
Russia starts Star Wars first. USA concerned and puzzled
Turkey and USA take their relationship to breaking point
US sanctions to kill Russian banks and sovereign debt?
US sanctions to kill Russian banks and sovereign debt?
Details of Putin-Merkel surprise meeting unveiled
Turkey and USA take their relationship to breaking point
Iran shows new ICBM that can evade radars
US refuses to explain reasons behind new 'draconian' sanctions
Russia starts Star Wars first. USA concerned and puzzled
US sanctions to kill Russian banks and sovereign debt?
Pilot shares his impressions after flying Su-57 fifth-generation fighter
Russia to respond with military-strategic blow to new USA's sanctions
Russian government prepares to get rid of US dollar in economy
Russia to respond with military-strategic blow to new USA's sanctions
US sanctions to kill Russian banks and sovereign debt?
Russia builds new robotic tank invulnerable to mines
Caspian Convention challenges Gazprom's rule in Europe
US sanctions to kill Russian banks and sovereign debt?