Macroeconomic prospects in an unstable environment

There is no industry more severely affected by COVID-19 pandemic than aviation.

The publication by the credit rating agency Expert RA assesses the current state of the SME lending market in Russia as of the year end 2020 and explores its prospects for 2021. The study is based on official Bank of Russia statistics and on the results of a survey of banks.

Experts from the National Rating Agency present a study of the impact of the coronavirus pandemic and the restrictions against it on the economy of Russian regions. The study provides indicators of industrial production, examines the situation on the labor market, regional budget revenues and other aspects of the pandemic impact on regional economies.

In this report, the rating agency Expert RA studies the latest labor market trends in Russia and globally as well as the specifics of the current economic environment.