He said this, speaking at the Federation Council with a report on the work of the department he heads in 2021.

“Most likely, up to 20%, maybe from 17 to 20% in this range,” RIA Novosti quotes him.

It is expected that the Bank of Russia and the Ministry of Economic Development will present new forecasts in April.

Earlier, the director of the North America Department of the Russian Foreign Ministry, Alexander Darchiev, said that the Russian economy would withstand new US sanctions.