On Monday, July 24, 2017, The International Monetary Fund (IMF) confirmed its April’s prognosis regarding the gradual recovery and redevelopment of the Russian economy in 2017. It is mentioned in the July bulletin “Prospects of the development of global economy” of the organization. The bulletin was prepared for the IMF’s visiting annual meeting in Kuala-Lumpur in Malaysia.
“The economy of the Russian Federation, according to the forecast, will gradually recover in 2017”, thedocument says. The IMF report also offers some suggestions to take advantage of the emerging opportunities from a more competitive exchange rate. These are improving the investment climate, investing in infrastructure, creating a more efficient goods market, Strengthening trade relationships, and supporting innovation
