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2,86 trillion rubles were spent in the fight against COVID in Russia in 2020
Last year, 2,86 trillion rubles were allocated to fight the coronavirus in Russia. This accounted for more than 70% of the country's reserve fund.
As the TASS with reference to the estimate of the Accounts Chamber, last year the volume of the reserve fund was 4,47 trillion rubles. The allocated money was used to financially support measures to prevent the deterioration of the economic situation, as well as to prevent and eliminate the consequences of the coronavirus.
Unprecedented budget spending on the fight against the pandemic has led to a record federal budget deficit in ten years. In 2020, the deficit amounted to more than four billion rubles, or 3,8% of GDP.
Experts estimate what Russians spent during the pandemic record amounts... At the same time, after the abolition of quarantine measures, costs also continued to grow. Since the beginning of the pandemic, Russians' spending has exceeded the figures since 2016.