MOSCOW (Reuters) – Russia’s economy is seen contracting by less than 4% in 2020, Finance Minister Anton Siluanov said on Tuesday, an improvement on the 4.7% figure forecast in a Reuters poll late last month.
Speaking at a financial forum in Moscow alongside Central Bank Governor Elvira Nabiullina, Siluanov added that Russia’s 2020 budget deficit was seen at around 4% of gross domestic product (GDP).
(Reporting by Darya Korsunskaya and Andrey Ostroukh; Writing by Alexander Marrow; Editing by Gareth Jones)
