The Russian economy has “recovered” after the new coronavirus epidemic, but its recovery potential has not yet been exhausted, said Economic Development Minister Maxim Reshetnikov, according to TASS.
He was responding to a remark made by Alexei Kudrin, Chairman of the Accounts Chamber, during the Moscow Financial Forum plenary session.
“The country’s economy is upbeat.” According to the second-quarter data, Russia’s GDP has completely recovered: it is up 0.3 percent on average in the first quarter of 2021 compared to the pre-pandemic level, and up 0.4 percent in July. According to our calculations, the potential for economic recovery has not been …
