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the progress of the measures aimed at mitigating the impact of the coronavirus pandemic on Russia’s financial sector, economy and people. The broadcast of

these telephone surveys provide important up- because of the spread of the coronavirus to-date information on Russians’ perception of infection. In order to monitor inflation

global and Russian financial markets caused by the continuing spread of the coronavirus infection and the termination of the OPEC+ agreement limiting oil production. • Market

taking into account the measures implemented to curb the spread of the coronavirus infection and pursuant to Federal Law1 No. 115-FZ, dated 7 April 2020,

dynamics in the bond market. However, in March 2020, due to the coronavirus pandemic and the slump in oil prices, the situation in stock markets

of the Replies of businesses to the question: «How has the coronavirus situation coronavirus pandemic and affected your company over the past week?» the restrictive

RUSSIA’S ECONOMIC OUTLOOK AND MONETARY POLICY MARCH 2020 2 Coronavirus (COVID-19) and oil prices In February — March, the Number of active* COVID-19 cases in

in the Russian Federation in Connection with the Spread of the Novel Coronavirus Infection (COVID-19)’, the mode of non-work days from 6 through 8 May

the coronavirus pandemic. Inflation risks. Disinflationary risks under the baseline scenario are substantially driven by the uncertainty as to the spread of the coronavirus pandemic

of the situation. They are primarily associated with the spread of the coronavirus pandemic. Firstly, this is a drastic decline in the global economy. Secondly,