Russia: Trying to contain the spread of the virus

RUSSIA ECONOMICS - Report 25 Mar 2020 by Evgeny Gavrilenkov and Alexander Kudrin

President Putin announced that next week will be a week off and encouraged Russians to stay at home to limit the spread of the virus. As the total number of registered cases rose to 658 (up 163 in one day) this step looks reasonable as at this stage Russia still has the chance to avoid scenarios seen in Western Europe and in the US, where people ignored advice to be cautious and maintain social distancing.

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