RUSSIA: Economy to grow by 4.3% in 2011, but IMF said the government needs to do more

(EnergyAsia, December 23 2010, Thursday) — Russia needs to implement a more “ambitious, growth-friendly and credible” government budget deficit reduction programme than currently planned, said the International Monetary Fund (IMF). Despite growing by around 3.7% in 2010 and 4.3% next year, the Russian economy and its management by the government did not seem to impress…