Why they changed their assessments of the Russian

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PMorgan's forecast for June expects a contraction. During the year, the International Monetary Fund ( ) revised its forecast for the Russian economy three times. In March 2018, IMF experts predicted Russia's growth, and by April, this forecast had been changed to a decline. In March, the IMF adjusted its forecast to , to . The overall gap in the range of IMF estimates is more than 100 percent. Forecasts for Russia are also changed quarterly.
  
In particular, in March, the central bank again changed its assessment of Russia's dynamics instead moible number data of April, with the central bank forecasting a decline of only . In March, the central bank is expected to decline and decline in March. The Ministry of Economic Development expects a monthly decline. In March, the ministry raised its forecast to . Almost all summer and spring forecasts turned out to be far from reality. The end of the year should fall, Russian President Vladimir Putin said at a meeting of.



The Strategic Development and State Project Committee in mid-July 2020. Rosstat will publish official data on Russia's dynamics in 2019. But it is already clear that neither economic contraction nor . Russia was able to avoid the most negative scenarios, and subject matter experts were forced to explain  economy so frequently. In the pandemic year of 2019, a similar picture emerged in macroeconomic forecasts. Three years ago, the IMF predicted a contraction in the Russian economy and the World Bank predicted a contraction.