Russians will reach the European standard of living over the next 15 years with an economic growth of 4.5 percent per year. This Friday, September 8, said the first deputy director of the International Monetary Fund (IMF), David Lipton, said Rambler News Service. At the same time, the annual growth rate of Russian GDP should outpace the European one by 1.5 percent, he said.. The IMF expects that in 2017 the Russian economy will grow by 1.4 percent, in 2018 - by 1.5 percent. Global GDP this year will increase by 3.5 percent and 3.6 percent in the future, the economy of the European Union by 1.9 percent and 1.7 percent, respectively. According to the head of the council of the CSR, former Finance Minister Alexei Kudrin, by 2035 with the help of reforms it will be possible to double Russia's GDP. Without changes in GDP, even in the most successful years will grow by no more than 2.5 percent and by 2035 will increase by only 50 percent compared to 2016, the expert believes..

On August 31, the head of the Ministry of Economic Development, Maxim Oreshkin, presented an improved forecast of economic growth, according to which in 2017-2018 Russia's GDP will increase by 2.1 percent (instead of 2 percent in the previous scenario), in 2019 - by 2.2 percent, in 2020 - up to 2.3 percent. Previously, the department believed that the economy in 2018-2020 will grow annually by 1.5 percent.

Original article: The IMF allowed the Russians to achieve a European standard of living for 15 years.