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include a faster reopening of borders and the potential emergence of new coronavirus strains.
If the situation develops not in line with our baseline scenario,
sectors. In Europe, despite high infection rates and new variants of the coronavirus, renewed
lockdowns did not have such a strong impact on the business
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in spring. Both households and businesses adjusted faster to the resurgence of coronavirus cases. Consumer demand was not affected. External demand for Russian exports at
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24.06.2024
Measures of the Bank of Russia to Mitigate the Effects of the Coronavirus Pandemic
Recommendations on Climate Risk Management for Financial Institutions
What's new
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rose over the short-term horizon
Disinflationary risks are mostly associated with further coronavirus spread trends in Russia and abroad.
Short-term proinflationary risks are primarily caused
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and efficiency of measures being implemented to mitigate the consequences of the coronavirus pandemic and to overcome structural constraints.
If the situation develops in line
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not materialised. However, the situation remains uncertain.
New challenges have emerged. The coronavirus problem is affecting the economic situation in both individual countries and the
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that have affected the situation the most are largely associated with the coronavirus pandemic:
• the implementation of restrictions and the downturn in the global economy
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not materialised. However, the situation remains uncertain.
New challenges have emerged. The coronavirus problem is affecting the economic situation in both individual countries and the
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taking into consideration the global political and socio-economic consequences of the new coronavirus pandemic.
BRICS is an informal association of five major emerging national economies: