Advertisement
Singapore markets open in 3 hours 28 minutes

  • Straits Times Index

    3,296.89
    +4.20 (+0.13%)
     

  • S&P 500

    5,064.20
    +45.81 (+0.91%)
     

  • Dow

    38,225.66
    +322.37 (+0.85%)
     

  • Nasdaq

    15,840.96
    +235.48 (+1.51%)
     

  • Bitcoin USD

    58,990.10
    +944.16 (+1.63%)
     

  • CMC Crypto 200

    1,270.55
    -0.19 (-0.02%)
     

  • FTSE 100

    8,172.15
    +50.91 (+0.63%)
     

  • Gold

    2,313.40
    +2.40 (+0.10%)
     

  • Crude Oil

    79.06
    +0.06 (+0.08%)
     

  • 10-Yr Bond

    4.5710
    -0.0240 (-0.52%)
     

  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     

  • Hang Seng

    18,207.13
    +444.10 (+2.50%)
     

  • FTSE Bursa Malaysia

    1,580.30
    +4.33 (+0.27%)
     

  • Jakarta Composite Index

    7,117.42
    -7,234.20 (-50.41%)
     

  • PSE Index

    6,646.55
    -53.94 (-0.81%)
     

Russian 2024 GDP growth seen matching 2023 at 3.6%, finance minister says

Reuters
·1-min read
FILE PHOTO: Russian Finance Minister Anton Siluanov is seen during Russian-Kazakh talks in Astana

(Reuters) - Russia's GDP in 2024 is expected to grow at the same rate as in 2023, when it expanded by 3.6%, Finance Minister Anton Siluanov said on Friday.

"Russia is careful with the budget balance. Public debt remains at a sustainably low level of about 15% of GDP, the budget deficit is about 1% of GDP, and the growth rate is expected to be at the same level as in 2023, 3.6%," Siluanov said.

On Monday Russian Economy Ministry official Lev Denisov said that the country's full-year GDP forecast could be revised upwards from an initial 2.3% due to the "strong growth of the economy" in early 2024.

(Reporting by Darya Korsunskaya; Writing by Maxim Rodionov; Editing by Mark Trevelyan)