Elvira Nabiullina told about the recovery of the Russian economy

The period of recovery growth of the Russian economy is almost complete, said the head of the Central Bank Elvira Nabiullina at a meeting in the state Duma.

According to her, the growth rate is still low, but they are already close to those possible under the current structure of the economy.

«We expect that in General for the 2017 annual GDP growth will be 1.8 percent,» — said Nabiullina. She added that it was «certainly a positive fact» because the economy has recovered faster than expected in the Central Bank.

«In our assessment, we compensated for 95 percent of the economic decline that occurred starting in 2015. If this figure is seasonally adjusted to take, the 99 percent,» — said the head of the Central Bank. She said that by year end he will stand all of the decline.