According to him, it is still unknown how long the quarantine will last or "some industries will continue to be in a very difficult situation or specific regions."
“I think that the drop (Russia's GDP. - RT ) will be closer to 5%. I repeat, it is very difficult to give rigorous estimates. If you take the consensus, the average of the dozens of companies that the Higher School of Economics provides, such a consensus leads, the forecast, they give ... a forecast for a decrease in the growth rate of 2% of GDP, ”he said.
Kudrin noted that this was “significantly more optimistic than it was in 2009,” when there was a decline of about 7%.
Earlier, the government said that because of the coronavirus, Russia would not receive a large amount of income, which would be a serious blow to the budget.
In mid-March, Kudrin spoke of an unprecedented crisis around the spread of COVID-19. He stated that his influence would be very strong on all sides of life.