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Money and Finance 25 December 2020 News Share VKontakte WhatsApp Telegram The coronavirus pandemic has induced a recession that has become the deepest in decades.

a faster decline in demand as a response to the resurgence of coronavirus cases. Exports continued to rebound. o At the end of November, positive

Russian economy is expected to resume -8 its sustainable growth as the coronavirus situation returns to normal. -10 2016 2017 2018 2019 2020 Accommodative monetary

to a total of over 845 billion rubles. Following the rise in coronavirus infections and toughened anti-epidemic measures in a number of regions, the Bank

March 2020 (sanction draft laws and continuous growth of yields (US sanctions) (coronavirus) (coronavirus and oil) outflow of funds from EMEs) Days 5 9 6

to defer the creation of loss provisions on such loans. Amid rising coronavirus infection rates in certain regions of the Russian Federation this autumn, anti-epidemic

decisions. The document focuses on the impact of the recent rise in coronavirus infections, tightened restrictions and government support measures on current economic conditions, as

sustainable growth as the coronavirus situation returns to normal. The medium-term economic growth path will be largely influenced by further coronavirus pandemic developments in Russia

to the autumn rise in put downward pressure on money market rates. coronavirus cases. Furthermore, the demand As banks adjusted to the changed environment, for

effects caused by 4 anti-coronavirus restrictions 3 The autumn rise in the coronavirus incidence 2 has a significantly lower impact on prices for goods and