Fat times in the Russian economy have passed, there comes the stage of “new reality” due to pandemic coronavirus. This was stated by Russian Finance Minister Anton Siluanov in interview to TV channel “Russia 1”.
the Minister of economic development called the business “not to fall into psychosis,”
According to him, now it is necessary to more efficiently manage those resources that are available in the state. However, the Russian authorities are ready for change.
Accumulated a sufficient stock of foreign exchange reserves from the Central Bank and government reserves. It’s enough to react to all the changes that occur in the economy and in the budget, said the Finance Minister.
According to the Central Bank, as of March 2020, the gold reserves of Russia amounted to 551,2 billion.
Previously, the government recommended that the region in the fight against coronavirus does not follow a single template, and to proceed from the specific situation. Russia has not yet reached the peak of infection, said the Prime Minister Mikhail Mishustin, but the economic life of the country should not stop.