नवीनतम
GDP growth of CIS countries to be 4.7 per cent in 2024: Putin
NEW DELHI [Maha Media]: The growth of gross domestic product (GDP) of the Commonwealth of Independent States (CIS) members will reach 4.7 per cent this year, Russian President Vladimir Putin said at an informal CIS summit held in Leningrad Oblast.
"The macroeconomic indicators of our countries have improved significantly. Thus, by the end of 2024, the growth of total GDP of the Commonwealth countries is projected to reach 4.7 per cent," Putin said Wednesday. He described the figure as "higher than the world average."
Russia's trade turnover with other CIS members in January-October increased 10.6 per cent and amounted to more than 93 billion USD, the president noted, adding that in the 10 months, the industrial production of CIS countries rose 4.3 per cent, the volume of cargo transportation went up 7.4 per cent, and retail sales added by 7.7 per cent, Xinhua news agency reported.
