Growth outlook for Russia in 2015-2016 is negative, with the economy expected to contract by 3.8% in 2015 and modestly decline by 0.3% in 2016. Investment is projected to contract for a second year in a row.
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Birgit Hansl, a German national, is the World Bank’s Lead Economist for the Russian Federation in the Europe and Central Asia Region.
Kaspar Richter, a German national, is the World Bank’s lead economist for the Russian Federation.