1Q15 GDP growth of 6.03% is a 7-year high, beating the consensus of 5.5%-5.6% on better-than-expected performance of industrial production. Target of 6.2% now looks highly achievable. Most recent real retail sales growth figure reached a 5-year high affirming gradual recovery in domestic activity. Approval of new regulation on Public-Private-Partnership (PPP) paves way for acceleration of key infrastructure projects and could provide an extra boost to economic growth.