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RUSSIA - OECD.org

3. DEVELOPMENTS IN INDIVIDUAL OECD AND SELECTED NON-MEMBER ECONOMIESOECD ECONOMIC OUTLOOK, VOLUME 2018 ISSUE 2 PRELIMINARY VERSION OECD 2018178 RUSSIAG rowth is projected to remain robust, as private consumption will benefit fromrising wages, household credit and employment, the latter following a bold pensionreform. Large infrastructure projects will boost both public and private investment. TheVAT increase in early 2019 will dent growth temporarily as disposable incomes growth will decline as foreign demand weakens, while imports will rebound in2020.

3. developments in individual oecd and selected non-member economies oecd economic outlook,volume 2018 issue1–preliminary version © oecd 2018 209 russia

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