MOSCOW: Russia’s economic recovery sped up notably in the second quarter, increasing the possibility that growth will exceed the 2 per cent target the government set for 2017, Moscow claimed on Wednesday.

Finance Minister Maxim Oreshkin said the country’s gross domestic product, which went positive at the end of last year following a two-year recession, rose in the second quarter of 2017 by 2.7pc year-on-year, compared with just 0.5pc in the first quarter.

Published in Dawn, July 27th, 2017