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Russia’s economy recovers two months faster than prognoses said — first deputy PM

"Now we are ahead along the trajectory," Russian First Deputy Prime Minister Andrei Belousov said

ST. PETERSBURG, June 5. /TASS/. Russia’s economic recovery goes ahead two months faster than it was forecasted, Russian First Deputy Prime Minister Andrei Belousov said at the St. Petersburg International Economic Forum (SPIEF) on Saturday.

"We are about two months ahead of the indicators, now we are ahead along the trajectory," Belousov said.

Economic Development Minister Maksim Reshetnikov said on the sidelines of SPIEF earlier that Russia’s economic recovery surpasses expectations, adding that GDP may recover to the pre-crisis level of Q4 2019 as early as in June-July this year.