The Russian economy, which suffered substantially less than others during the pandemic, is recovering from the coronavirus recession.

The agency notes that the economic recovery is connected with the decision of the Russian authorities not to reintroduce a nationwide quarantine. It is also emphasized that the relatively soft restrictions during the pandemic contributed to the fact that the epidemic did not hit Russia’s GDP so hard.

Economics expert Scott Johnson, in turn, said that the recovery of the Russian economy after a incredibly small drop in 2020 is gaining momentum. The specialist explained that it is being fueled by a slowdown in the pandemic, progress in vaccinations and high oil prices. According to him, the country’s GDP may return to pre-crisis indicators by the fourth quarter of 2021.