April 16 (Reuters) - Russia's full-year GDP forecast may be revised upwards due to the "strong growth of the economy" in early 2024, Lev Denisov, director of the Macroeconomic Analysis and Forecasting Department of the Russian Ministry of Economic Development and Trade, said on Tuesday.
Currently, the forecast for GDP growth this year is 2.3%.
Denisov's comments came after the IMF increased Russia's 2024 GDP growth forecast to 3.2% from the 2.6% projected in January.
According to Denisov, in the near term, the trajectory of economic development will be influenced by three key factors: monetary policy, investment activity and the rate of growth in labour productivity.
(Reporting by Darya Korsunskaya Writing by Maxim Rodionov Editing by Chris Reese)
