Economy Ministry revises forecast on GDP growth

According to forecasts of the Russian Economic Development and Trade Ministry, the GDP will grow more than 4.1 percent, Deputy Economy Minister Arkady Dvorkovich announced at a conference devoted to the development of Russian financial markets. He noted the GDP rise would be at least 3.9 percent this year even if there were no more economic growth starting this October, but most likely, the GDP would rise more than 4.1 percent.

According to estimates of the ministry's analysts, the GDP was up 4 percent in Russia in the first nine months of this year as compared to the corresponding period last year.