The head of the Central Bank named the time frame for the full recovery of the Russian economy. In her opinion, this will happen in the middle of this year.

“We expect that in the second half of this year, perhaps by the middle of the year, Russian GDP will return to pre-pandemic levels,” the head of the regulator said.

In the near future, the government should begin to roll back support measures introduced in connection with the coronavirus pandemic, the head said. Otherwise, the formation of “bubbles” in the credit market is possible. According to the head of the Central Bank, the anti-crisis measures have fulfilled their task.