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1
03.07.2025
the maximum level recorded in March 2020 at the outbreak of the coronavirus pandemic. By the middle of May 2025, the Financial Stability Review Summary
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rose over the short-term horizon Disinflationary risks are mostly associated with further coronavirus spread trends in Russia and abroad. Short-term proinflationary risks are primarily caused
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not materialised. However, the situation remains uncertain. New challenges have emerged. The coronavirus problem is affecting the economic situation in both individual countries and the
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that have affected the situation the most are largely associated with the coronavirus pandemic: • the implementation of restrictions and the downturn in the global economy
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include a faster reopening of borders and the potential emergence of new coronavirus strains. If the situation develops not in line with our baseline scenario,
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in spring. Both households and businesses adjusted faster to the resurgence of coronavirus cases. Consumer demand was not affected. External demand for Russian exports at
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not materialised. However, the situation remains uncertain. New challenges have emerged. The coronavirus problem is affecting the economic situation in both individual countries and the
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taking into consideration the global political and socio-economic consequences of the new coronavirus pandemic. BRICS is an informal association of five major emerging national economies:
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and efficiency of measures being implemented to mitigate the consequences of the coronavirus pandemic and to overcome structural constraints. If the situation develops in line
10 26.06.2025
Measures of the Bank of Russia to Mitigate the Effects of the Coronavirus Pandemic Recommendations on Climate Risk Management for Financial Institutions What's new