Global Bank provided regular analytical report related to economic perspectives of Russian Federation. According to the document the situation is going back to normal. Thus, this year is still expected very slight fall of Gross Domestic Product (GDP) on 1,2 %, but from the coming year this index will increase (in the order of 1,4 % and more).
Specialists of GB clame that economic recession hasn’t finished yet which is related to implementation of corrective stages in all fields. Upon that some sectors have already overcome critical point and begin to recover. In addition, stabilization of national currency – Russian rouble - is looking up.
The main reason of worsening of economic welfare became imposing of sanctions. Therefore many small and mid-sized business representatives had to leave the market. Now the situation has changed. Business activity is again gaining pace, economic recovery is outlined. The Government is strongly supporting small and mid-sized business enterprises easing registration procedures, submitting data to Unified State Register of Legal Entities and increasing transparency of business activities.
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