Vaccination estimated to boost Russia's GDP by over 1% in 2021

Vaccination estimated to boost Russia
# 29 May 2021 12:39 (UTC +04:00)

Mass coronavirus vaccination can generate an additional 1% growth in Russia's GDP in 2021, as it will pave the way for the service and transport sectors to fully rebound, Mikhail Sukhov, head of the Russian Analytical Credit Rating Agency, said on Saturday, APA reports citing Sputnik.

"Vaccines allow us to avoid imposing significant restrictions in the service and transport sectors. Life expectancy also increases, not only due to a decrease in mortality directly from COVID-19, but also from better accessibility of health services", he said.