Putin assessed the impact of the coronavirus crisis in 2020 on the global economy

Putin assessed the impression of the coronavirus disaster in 2020 on the worldwide financial system Press Service

The full GDP of the nations fell by 3.5% as a result of introduction of compelled restrictions, and this negatively affected doing enterprise, on financial dynamics normally, Putin defined at a gathering on measures to extend funding exercise.

Such a sudden and large-scale disaster demanded extraordinary actions from governments. States with unbiased macroeconomic insurance policies have applied record-breaking stimulus packages. This is applicable to each budgetary and financial coverage, the Russian chief added.

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