“I want to say fully that we are most likely on the verge of a crisis ... The current crisis may turn out to be quite sensitive,” RIA Novosti quotes Kudrina.
He noted that during the 2008 crisis, China was the driver of global economic growth, but now its economy has been hit hard by the spread of the coronavirus infection COVID-19.
Kudrin emphasized that in 2020 the world economy will not grow so fast, the growth rate may even be near zero.
He previously said that the growth of the Russian economy in 2020 at the current level of oil prices will be about zero.