According to him, Russia is in a rather specific position compared to other countries.

“Since we are experiencing a double blow: and the shock of lowering world prices from $ 65 at the beginning of the year to $ 35 per barrel, we are affected by the instability of global financial markets,” RIA Novosti quotes him.

Belousov noted that this is in addition to the consequences of restrictive measures that are introduced in Russia along with other countries due to the coronavirus.

Earlier, Russian Finance Minister Anton Siluanov said that the spread of coronavirus has a more serious negative impact on the economy than a drop in oil prices.