After the crisis against the background of the coronavirus pandemic, the Russian economy is restored better than expected. This was told by the Minister of Economic Development Maxim Reshetnikov, his words leads TASS.
“Restoration dynamics Even a little better than our expectations, we see it in very different indicators,” he said.
Reshetnikov added that the regeneration in the small and medium business sector is indicative. “We see that all trends in our positive zone,” the minister concluded.
Earlier in May about the “rainbow trajectory” of the domestic economy, the Deputy Minister Vladimir Kolychev said. “In general, we see that the restoration of the economy is actually observed in the fourth quarter of last year, and in the third – partly goes on a more rainbow trajectory than government forecasts,” he said. According to Kolychev, tax revenues are growing by 5-10 percent per month.
Also about the successes of the Russian economy and are also announced in the World Bank. According to him, Russian GDP decreased by three percent in 2020 – while the global economy decreased by 3.8 percent, and the economy of developed countries is 5.4 percent. The total GDP of developing commodity exporting countries in 2020 decreased by 4.8 percent.