“According to the Ministry of Economic Development of Russia, in August 2020, the GDP dynamics continued to improve.
The fall fell to minus 4.3% on an annualized basis compared to minus 4.6% year-on-year in July, "RIA Novosti quotes the document.
It is noted that the decline in GDP for eight months of 2020 "is estimated at minus 3.6% year-on-year."
Earlier, the head of the Accounts Chamber Alexei Kudrin called the Ministry of Economic Development's forecasts for the growth of the Russian economy in 2022-2023 as optimistic.