EBRD predicts Russia's GDP decline in 2020

This is stated in the organization’s report.

It is noted that the reason for the decline in GDP is the negative consequences of the coronavirus pandemic and the termination of the OPEC + deal, which accelerated the fall in oil prices.

According to EBRD experts, in 2021 the Russian economy is expected to grow by 4%.

In March, the EBRD announced its readiness to allocate money to eliminate the consequences of COVID-19.