Ministry of Finance of Russia

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1 rubles - this is Russia's loss due to the pandemic


Russia lost one trillion rubles due to the coronavirus pandemic.

1 (trillion - approx. Ed.) Rubles is a superficial assessment of the losses of the Russian treasury due to the coronavirus pandemic in the country. Information on this subject was cited by the Deputy Minister of Finance of Russia Vladimir Kolychev, noting that the key problem is the decrease in economic activity, however, real losses may turn out to be 000 times greater - 000 rubles, since the package of anti-crisis measures also provides for the cost of strengthening health systems, support for citizens and businesses, and balancing regional budgets.

“Deputy Minister of Finance of Russia Vladimir Kolychev calculated the loss of the federal budget due to the coronavirus pandemic. According to him, the treasury has missed more than a trillion rubles, TASS reports. The announced amount represents a decrease in oil and gas revenues of the federal budget in connection with the coronavirus. The main reason is the decline in economic activity. In general, the deputy minister estimated the package of anti-crisis measures at four trillion rubles. They include the costs of strengthening the health care system, supporting citizens and businesses, and balancing regional budgets. ”- сообщает "Lenta.ru".

It is noteworthy that it was initially reported that a pandemic could not affect the Russian economy, however, taking into account current losses, a lot of questions arise regarding the preparation of initial forecasts.

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