Estimated effect of COVID-19 preventive holidays for Russian economy 2020

Expected losses of the Russian economy* due to the government-imposed holidays** to prevent the coronavirus (COVID-19) expansion from March 30 to April 5, 2020

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Release date

March 2020

Region

Russia

Survey time period

March 2020

Supplementary notes

* Estimated daily losses vary from 270 to 320 billion Russian rubles; total losses from 1.3 to 1.6 trillion Russian rubles.

** On March 25, the president of Russia Vladimir Putin announced working holidays from March 30 to April 5, 2020 as one of preventive measures of COVID-19 expanssion across the country.

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