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Russia's real GDP will grow by an estimated 6.5% annually in 2006-2007
Russia's real gross domestic product (GDP) will grow by an estimated 6.5% annually in 2006-2007, the International Monetary Fund (IMF) said Monday in a survey posted on its Web site. The IMF projects inflation in Russia to hit 9.3% in 2006, and 8% in 2007. According to the IMF, inflation was 10.9% in 2005. The Russian government is seeking to achieve the targets of 6.6% for GDP growth and 9% for consumer price increases in 2006.
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