Sberbank CEO German Gref gave a forecast on the situation in the Russian economy during the Investor Day.“The decline in GDP by the end of 2020 will be in the range of 3.5-4.5%. And then the economy will grow by 2.5-3.5% in 2021 and reach stable growth of about 2-3%, "RIA Novosti Gref quotes.
Earlier, the head of the Accounts Chamber, Alexei Kudrin, suggested that the Russian economy would fall by more than 4% by the end of 2020.
“The decline in GDP by the end of 2020 will be in the range of 3.5-4.5%.
And then the economy will grow by 2.5-3.5% in 2021 and reach stable growth of about 2-3%, "RIA Novosti Gref quotes.
Earlier, the head of the Accounts Chamber, Alexei Kudrin, suggested that the Russian economy would fall by more than 4% by the end of 2020.