Russia’s economy can improve at a record

08.06.2021

In an interview, Minister of Economic Development Reshetnikov predicted an abnormally high economic growth in Russia in May.

“It is quite natural that they [GDP data for May 2021] will be abnormally high, because we have May last year as the base, when the restrictions were still quite tough,” Reshetnikov said.

According to him, the statistical indicators of GDP growth are most correct to compare with the data of 2019, which was not influenced by the coronavirus pandemic. “The economy is recovering better than expected, showing its stability,” the minister said.