Reshetnikov said that the decline in Russia's GDP could be 2.9% this year

“It is expected that the bottom of the recession will be passed in the fourth quarter of this year.

And by the end of 2022, we expect GDP to decline by 2.9%,” Reshetnikov said during a government hour in the Federation Council.

TASS writes about it.

According to the minister, the Ministry of Economic Development expects that Russia's GDP in 2023 will be 0.8%, and in 2024-2025 GDP will grow at an average rate of 2.6% per year.