OREANDA-NEWS The International Monetary Fund (IMF) has shared its forecast, according to which Russia expects economic growth in the next two years.

The fund's forecasts of a 3.4 percent decline in the Russian economy in 2022 did not materialize, reaching, according to its estimates, only 2.2 percent. At the same time, it is noted that "moderately positive growth" of 0.3 percent of GDP is expected this year, and by 2.1 percent in 2024.

According to the IMF analysis, global economic growth in 2023 will be 2.9 percent, and in 2024 — 3.1 percent. Forecasts for the US economy have worsened compared to October estimates. It is currently expected to grow by 1.4 percent in 2023 and by one percent in 2024.

Earlier, a member of the US House of Representatives, Republican Marjorie Taylor Green, admitted that Russia, being under severe sanctions from the West, proved that it is able to trade and prosper without the dollar and friendship with Washington.