The Washington-based fund had previously been criticized for its optimistic assessment of Russia’s economy The Russian economy has been growing faster than many economists projected, IMF First Deputy Managing Director Gita Gopinath admitted on Monday in an interview with Foreign Policy magazine.

The country’s exit from the EU has reduced the size of its economy, analysts say The UK has paid a high price for Brexit, which has spurred inflation and trimmed the size of its economy, Bloomberg reported on Monday, citing economists from Goldman Sachs.

National polls held last week resulted in no party securing a clear majority. However, forming a government is not the key challenge   Independent candidates linked to the Tehreek-e-Insaf (PTI) party led by former cricketer and prime minister of Pakistan Imran Khan – who was jailed weeks before the elections, on charges which he claims are…