IMF Expects Russian Economy to Grow 7 Percent With 'Potential for Upside'

(Bloomberg) -- The International Monetary Fund
expects Russia's economy to expand at least 7 percent this year.

That forecast has ``potential for upside,'' Poul Thomsen,
head of Washington-based IMF's Russia office, told reporters in
Moscow today. The government's target of annual inflation of 7
percent to 8 percent ``is feasible,'' Thomsen said. The rate may
fall to between 6 percent and 7 percent next year, he said.


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