Russia’s GDP grew by 4.5% year on year in May 2024 and by 5% year on year in 5M24, according to the latest estimates by the Ministry of Economic Development cited by Tass on July 10. At the same time Tass cites the chief economist of VEB.RF development bank Andrey Klepach as estimating that GDP growth in 2024 could reach 3.8% versus 3.6% growth seen in 2023 and above the current official EconMin forecast of 2.8%. [...]