Economic Development Ministry and Disposable Incomes

disposable incomes: It had previously estimated the the economy would grow by 1.2% in 2015. , according to BBC. Household disposable incomes are also forecast to decline by as much as 2.8%, compared with a previous estimate that they would grow by 0.4%. Russia s economic development ministry estimates the economy will contract by 0.8% next year. Russia s reliance on tax revenues from the oil industry makes it particularly sensitive to price movements. (news.financializer.com). As reported in the news.