Coronavirus likely to have minimal effect on Russia’s economic growth — Alexei Kudrin

Russian economy could feel the impact

Russian economy could feel the impact of the ongoing coronavirus epidemic, but it is likely to be less damaging than expected, according to the head of Russia’s Accounts Chamber, Alexei Kudrin.

“It [the coronavirus outbreak] will have an impact on the economic growth rate, but it will be minor,” the former finance minister told reporters on Monday. “It might be within 0.1 – 0.2 [percent of GDP].”

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