Ministry of Economic Development: in 2020, real incomes of Russians will fall by 3.8%
In 2020, real disposable income of the Russian population will fall by 3.8%. This is stated in the adjusted forecast of socio-economic development for 2020-2023, Interfax reports. In the second quarter of 2020, revenues will decrease by 6%; without the government’s anti-crisis measures, they would have fallen by 7.5%, said the head of the Ministry of Economic Development, Maxim Reshetnikov, during the presentation of the forecast. “The main part affected will be business income,” he added.