“The consequences of the coronavirus are likely to be deeper than previously expected when forecasting the Russian budget. Now, literally in recent days, we have new forecasts ... where it is said that the impact on the world economy can be up to 0.4% reduction in world GDP, which, accordingly, will affect us too, ”TASS quoted him on the sidelines of the State Duma.
According to Kudrin, this may affect oil prices, as well as tourist demand.
Earlier, the head of the Ministry of Economic Development Maxim Reshetnikov said that the consequences of the coronavirus for the Russian economy will be temporary.
Prime Minister Mikhail Mishustin instructed to take into account the risks associated with the impact of COVID-19 on the global economy when drawing up the budget.
At the same time, Russian President Vladimir Putin noted that the negative consequences due to coronavirus are already making themselves felt.
The first vice-president of the Association of Tour Operators of Russia (ATOR) Vladimir Kantorovich, in an interview with the FBA “Economics Today”, estimated the possible losses of Russian tour operators in connection with the spread of COVID-19.