Russia’s Finance Minister sees economy shrinking 4 percent in 2015

MOSCOW (Reuters) – Finance Minister Anton Siluanov said on Friday that the Russian economy could contract by 4 percent next year and that the budget could have a deficit of more than 3 percent of gross domestic product if oil prices average $60 a barrel.

Link to article: feeds.reuters.com/~r/reuters/businessNews/~3/NI–jmb6iws/story01.htm

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *