Despite unfavourable circumstances in the international environment, the NBS kept its November projection of real GDP growth for this and the following years. In 2022, as well as in the medium run, GDP growth is expected at 4.0–5.0% range, with the central projection in all years measuring 4.5%.
Overall risks to the projection are judged to be symmetric and, as so far, those from the international environment being tilted to the downside and those from the domestic environment to the upside, including primarily government investment and better results in attracting FDI inflows.