Alexei Vedev Called Two Main Challenges to the Russian Economy in 2022

“In 2021, we saw recovery growth after recession in 2020, as well as tightening of the monetary and fiscal policies. It is clear that they have to sacrifice economic growth rates for financial stability. So, moderate economic growth can be expected next year. As regards risks, the main one is related to the coronavirus infection, that is, pandemic-induced restrictions and uneven recovery of business operation. The other risk is associated with an increase in the key interest rate and tightening of monetary policies abroad,” Alexei Vedev added.