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order to support banks in their key role as lenders in the coronavirus crisis Intended effects: To increase the resilience of the banking sector (main

Russia has made this decision in response to a growing number of coronavirus cases and the restrictions introduced as such a situation may affect the

loan loss provisions for SME loans restructured due to the August 2020 coronavirus pandemic and to maintain the quality assessment as of 1 February 2020.

countries introduced regulatory easing in order to mitigate the effects of the coronavirus pandemic. During the period of the pandemic, the Bank of Russia granted

political and socio-economic контексте глобальных политических и социально- consequences of the new coronavirus pandemic. экономических последствий пандемии новой BRICS is an informal association of five

political and socio-economic контексте глобальных политических и социально- consequences of the new coronavirus pandemic. экономических последствий пандемии новой BRICS is an informal association of five

entries to and exits from the market during the first wave of coronavirus infection and related to it restrictive measures. We compare trends in 2020

it. Household and businesses’ much higher inflation expectations than in the pre- coronavirus period make producers more willing to pass through a rise in output

at 175 bp above the key rate. to the spread of the coronavirus infection. At auction means the amount of funds extended (transferred) by the

deteriorates, depending on the pace of vaccination and the spread of new coronavirus strains, the global economy will grow much more slowly. Thirdly, a bumper