Russia's GDP to rise at rate of 2.3%-2.4% per annum in upcoming three years - Mishustin

MOSCOW. April 23 (Interfax) - The baseline version for Russia's GDP forecast envisages a growth rate of about 2.3%-2.4% per annum for the next three years in 2025-2027, Prime Minister Mikhail Mishustin said.

"A rise in domestic demand should ensure this," Mishustin said at the opening of a government meeting, where the parties discussed the main parameters of the macroeconomic forecast.

The Economic Development Ministry expects GDP growth of 2.8% in 2024 after 3.6% in 2023, having raised this year's outlook from 2.3%.