![Central Bank hopes restrictions to be loosen in Russia in June](/bitrix/templates/plus_en/images/logo25.png)
10:35, 14 May 2020
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Central Bank hopes restrictions to be loosen in Russia in June
![ccb81dc5ad97a059123ad3f8c2a659e7.jpg ccb81dc5ad97a059123ad3f8c2a659e7.jpg](/upload/medialibrary/150/ccb81dc5ad97a059123ad3f8c2a659e7.jpg)
The document says the economic recovery will begin as the restrictive measures are being gradually lifted in Q2 2020.
According to the forecast, the country's GDP will drop by 4–6% by the end of 2020 followed by an increase of 2.8–4.8% in 2021 and 1.5–3.5% in 2022, to return to the pre-crisis level in late 2021 - early 2022.
Earlier, Economic Development Minister Maxim Reshetnikov said that indicators show a 33% decline in Russia's economic activity by the end of April compared with the start of the pandemic period. Due to the virus, operations of enterprises and companies where 28% of jobs are concentrated have been limited, the minister said.