The fund said in its semi-annual report Russia would remain in recession next year, albeit a milder one than this year, while Ukraine will return to growth after a slump this year. Eastern Europe’s economies are likely to return to mild growth next year, but downside risks have grown because of China’s slowdown and Europe’s refugee crisis, the International Monetary Fund said on Friday.The fund said in its semi-annual report Russia would remain in recession next year, albeit a milder one than this year, while Ukraine will return to growth after a slump this year.For all 22 countries in Central, …read more
Source: Pulse Nigeria
