Losses of Russian economy from pandemic less than in other countries, says Central Bank

Losses of Russian economy from pandemic less than in other countries, says Central Bank
  • Clock-gray 19:15
  • calendar-gray 23 June 2020

Losses of the Russian economy from the coronavirus pandemic will be less than in many other countries, Governor on the Bank of Russia Elvira Nabiullina said on Tuesday in the State Duma, APA reports citing TASS.

"Russian GDP this year will inevitably fall, unfortunately, as in other countries of the world, but our losses are likely to be less than in many other states, and less than the last global crisis of 2007-2009," she said.

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