The Economic Development and Trade Ministry intends to prepare a revised and more positive forecast for the countrys economic growth in 2007 by the end of September, EDTM head German Gref said Monday at a meeting between the Russian President and Cabinet members. Most likely, growth will be 7.2-7.4% by the end of the year Gref said. The economy minister noted that the current GDP growth forecast is 6.5%. Gref pointed out that GDPs growth projections, in all likelihood, will be upgraded by 0.7-0.8%. The minister emphasized that he sees no serious global risks for the Russian economy.
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[Source: Russian Stock Market Blog]
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