The Russian economy began to recover from the consequences of the coronavirus pandemic, said the press secretary of the President of the Russian Federation Dmitry Sadkov, his words lead RIA Novosti.
“We more or less stood on the feet after the pandemic shock,” he commented on and added that the commented press conference of President Vladimir Putin would be summed up the year, including economic. Also, the representative of the Kremlin called the consequences of unfavorable global conjuncture: “Inflationary processes in the world, the ongoing global economic crisis, this naturally imposes an imprint.”
Putin’s final press conference will be held on full-time format on full-time. Moscow Manege is chosen.
Earlier, Russia’s Prime Minister Mikhail Mishustin explained the rise in prices in the country’s openness of the domestic economy, since inflation is imported. “We are systematically trying to take these measures, but the situation is very difficult. It is unstable, and macroeconomic parameters for which governments and other countries live, they are violated by many countries,” he said.
As previously predicted the Bloomberg agency, due to the Omicron strain of Coronavirus, the restoration of the global economy will slow down. For example, China’s economy should grow only by 4.5 percent (by 0.5 percentage points below the past forecast), Brazil – by 0.2 percent (minus 2.6 percentage points), and Russia is 2.6 percent (minus 1.4 percentage points).
In the World Bank, they said that the threat to the development of a pandemic crushes to the Russian economy is stronger than in a number of other states. Such a conclusion was explained by the low rate of vaccination. The Bank’s specialists also indicated on the threats associated with a surge inflation, international sanctions, as well as an energy transmission, which threatens Russia in the long run.