
How much will the third wave of COVID-19 cost RUSSIA
Restrictions on business operations and the ongoing third wave of the pandemic will cost the Russian economy 0.1–0.2% of GDP projected for 2021, excluding the third wave, economists surveyed by RBC estimated. On an economy-wide scale, this is a negligible effect, and Russia's GDP growth this year is still projected in the 3.7-4% range.
The Ministry of Economic Development told RBC that the official forecast, on the basis of which the budget is formed, will be ready in August-September. The department believes that much will depend on the pace of vaccination.Read more about what economists’ estimates are based on and what, apart from the pandemic, affects the fall in GDP, read in the RBC material:
Experts called the price of restrictions for the economy in the third wave of COVID-19 Economics