Business news

MINSK, 8 November (BelTA) - The European Bank for Reconstruction and Development (EBRD) has revised upward the forecast for Belarus’ GDP growth to 1.5% in 2017, BelTA learned form the Bank's website.

According to the Bank, in 2018 the Belarusian economy will expand by 2%.

The EBRD also revised Russia’s GDP forecast up to 1.8% in 2017. The bank also revised Russia’s GDP growth forecast up to 1.7% for next year.