In the Russian Ministry of Finance, they stated that the restoration of the country’s economy goes on a more “rainbow trajectory” than previously predicted. Such a tendency saw the Deputy Minister Vladimir Kolychev, his words leads TASS.
In general, we see that the restoration of the economy is actually observed in the fourth quarter of last year, and in the third partly, it goes on a more iris trajectory than government forecasts, “he said.
According to Kolychev, tax revenues are increasing by 5-10 percent per month. “This VAT is a profit tax, it applies to all taxes of key, and salary taxes, personal income tax, insurance premiums and income tax”, – clarified the deputy minister.
In early April, in the Central Bank announced that the Russian economy would return to Doparamonic indicators only at the end of 2021. “The recovery dynamics is very heterogeneous. According to our estimates, GDP will return to the pre-trunk level only at the end of this year,” said Cyril Tremov monetary policy department.
At the same time, the Bloomberg agency concluded that the countries of the world will quickly recover from the crisis provoked by the coronavirus pandemic, but some, including Russia, can fall behind the “postpandemic world leaders” – USA and China.
On the other hand, the Agency admitted that the Russian economy, which suffered significantly less than others during a pandemic, has already begun restoration from coronavirus recession.