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rise of 28.2% YoY (36.0% of GDP) in April. Net of the transfer to the budget of a part of the Bank of

official position of the Bank of Russia. The Bank of Russia assumes no responsibility for the contents of the note. Any reproduction of these materials

easing of restrictions in a range of major economies. The recovery of interest in high-risk assets and the monetary policy easing by the Bank of

of the restrictions and the pace of their 2 easing. The Bank of Russia forecasts that GDP 0 will decline by 4–6% as of

of COVID-19 8 June 2020 News Share VKontakte WhatsApp Telegram Bank of Russia Governor Elvira Nabiullina took part in the meeting of the leaders of

and quality of data in certain industries. The authors of the paper believe that state-level continuous monitoring of the said risks and of their possible

time 4 Period of operation of the faster payments service Period of operation of faster payments service, established by the Bank of Russia Payment System

signs of an improvement as pandemic-linked restrictions are lifted, reports the new issue of Financial Pulse, a weekly monitoring report of the Bank of Russia.

at the end of February. Concurrently, the percentage of businesses experiencing a shortage of working capital increased to 37% (against 30% as of early May