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Sep 11, 2020
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The Kremlin hoped for the growth of the Russian economy in the foreseeable future

The economy of Russia, like other countries, has suffered from the coronavirus crisis, but there is hope that this decline will end in the foreseeable future. This was stated by the press secretary of the President of the Russian Federation Dmitry Peskov.


The government is working. The consequences of the crisis are minimized. But we have to work hard together to get out of this crisis and move into a growth trajectory. Let's hope that in the foreseeable future we will first stop the fall, and then move on to growth, - quotes "Interfax" of the Kremlin representative.

So he commented on the results of the VTsIOM poll, according to which 26% of Russians assess the financial situation of their families as poor, and 25% expect that in a year the situation will worsen even more.

Peskov added that the consequences of the crisis are, of course, felt in Russia as well, since the country is an integral part of the world economy. At the same time, he added that similar processes are being observed in other states, and with a high rate of decline and large volumes of damage to the economic infrastructure.






The press secretary recalled that this week, Russian President Vladimir Putin held a meeting on the economic situation in the country. According to the head of state, Russia will not be able to avoid crisis manifestations in the short term, however, thanks to the government's actions and prompt decisions, it was possible to minimize the amount of damage to the domestic economy.

Earlier, Russian Prime Minister Mikhail Mishustin said that the draft budget for 2021 and the planning period for 2022–2023 were drawn up, taking into account the need to return the country's economy to recovery growth. The draft document fully takes into account financing for the implementation of national development goals and the fulfillment of obligations in the social sphere.

The depth of the economic recession due to the new type of coronavirus infection (COVID-19) pandemic in the Russian Federation turned out to be less than in other leading countries. In the Russian Federation for the second quarter of 2020, the decline in GDP was 8.5%, in the United States of America - 9.5%, in the eurozone - 15%. The Russian economy has been slowly recovering since June 2020 from the restrictions associated with the pandemic. But business activity so far "comes to its senses" unevenly, wrote chernayakobra.ru.

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