Tag Archives: forecast

Georgia forecasts $1.15 bln foreign direct investment in 2014

TBILISI. Dec 19 (Interfax) – Foreign direct investment in Georgia is forecast at around $1.15 billion in 2014, Georgy Pertaya, the head of the National Investment Agency, told the press Thursday. “It is difficult to give an exact figure, but … Continue reading

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U.S. Department of Agriculture raises Russian grain harvest forecast to 102 mln tonnes

MOSCOW. Dec 1 (Interfax) – the U.S. Department of Agriculture’s Foreign Agricultural Service raised its forecast for Russia’s grain harvest in the current farm year (July 2014-June 2015) by 1 million tonnes to in November to 102 million tonnes. It … Continue reading

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PhosAgro boosts Q3 EBITDA 46% to 9.5 bln rubles, above forecast (Part 2)

MOSCOW. Nov 19 (Interfax) – PhosAgro (MOEX: PHOR) boosted earnings before taxes, depreciation and amortization (EBITDA) 46% year-on-year in Q3 2014 to 9.5 billion rubles, the fertilizer producer said in a statement. This was higher than the 9.28 billion rubles … Continue reading

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Azerbaijan government forecasting average annual inflation of up to 2.5% in 2015-2018

BAKU. Nov 6 (Interfax) – The government of Azerbaijan is forecasting average annual inflation in the republic at up to 2.5% in 2015-2018, the government told Interfax. In 2014, average annual inflation will be 2.3%. In 2013 it was 2.4%. … Continue reading

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Russian budget surplus 2.1% of GDP in Jan-Sept – MinFin (Part 2)

MOSCOW. Oct 13 (Interfax) – Russia had a federal budget surplus of 1.11 trillion rubles, or 2.1% of GDP, in January-September, the Finance Ministry said, citing preliminary data. Budget revenue was 10.698 trillion rubles, or 75.1% of approved budget revenue … Continue reading

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Econ Ministry forecasting grain harvest at 100-102 mln tonnes, exports – 32 mln tonnes in 2014

MOSCOW. Sept 26 (Interfax) – The Russian Economic Development Ministry is forecasting that Russia’s 2014 grain harvest will be 100 million-102 million tonnes in net weight and exports will be 32 million tonnes, a forecast for Russian socioeconomic development in … Continue reading

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Russian Econ Ministry thinks capital outflow may reach $120 bln in 2014 – Deputy Minister (Part 2)

MOSCOW. Sept 22 (Interfax) – The Russian Economic Development Ministry is forecasting capital outflow from Russia at $90-$120 billion in 2014, Deputy Economic Development Minister Alexei Vedev told journalists in Moscow on Monday. “The forecast is $100 billion minus $10 … Continue reading

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Russian GDP growth quickens to 1.3% in May – Klepach (Part 2)

Russian GDP growth accelerated to 1.3% in May this year, compared with the same month of 2013, Deputy Economic Development Minister Andrei Klepach told Interfax. There was zero GDP growth on a seasonally adjusted basis in May, Klepach said. The … Continue reading

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Central Bank may offer banks up to 7 trillion rubles in refinancing in 2014 (Part 2)

The Central Bank of Russia has raised its forecast for the volume of refinancing it offers banks in 2014 to 7 trillion rubles from 5 trillion rubles previously, Central Bank Chairman Elvira Nabiullina said at a press conference on Monday. … Continue reading

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Medvedev: Russian pharmaceutical market growing fast, to top 1 trln rubles soon

ST. PETERSBURG. May 16 (Interfax) – Russia’s market in pharmaceutical products is growing fast and will top 1 trillion rubles within a few years, Prime Minister Dmitry Medvedev said. “In 2013 the Russian pharmaceutical market grew practically 8% to over … Continue reading

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