“After the decline in the second quarter, the economy is gradually recovering.
Our estimate of GDP in 2020 - minus 3.8% - practically coincides with the August forecast (-3.9% -
RT
), ”TASS quoted him as saying during the government hour in the Federation Council.
Reshetnikov said that Russia had passed the low point of the recession better than expected, and that the economic recovery went faster.
“This is directly related to the anti-crisis measures taken to support the population and business,” the minister said.
Earlier, Oleg Borunov, deputy chairman of the board of MKB, in an interview with RT, predicted that in the absence of repeated quarantine restrictions, the country's GDP will fall by 3.6-3.8% at the end of the year, and in 2021 the economy will grow by 2.5%.