Central Bank Analysts: Second Wave of Coronavirus Disease is Likely At Yearend

Central Bank Analysts: Second Wave of Coronavirus Disease is Likely At Yearend

Photo: http://klerk.ru

According to the Moskovskij Komsomolets daily, the bulletin “What Do the Trends Tell Us About?” issued by the department for research and forecasting of the Central Bank of Russia (CBR), says that there might be a second wave of the coronavirus disease.

In Russia, the epidemic of the coronavirus has a significant negative impact on the national economy. People’s incomes are declining. The ruble’s exchange rate puts pressure on inflation while the low oil prices are curtailing replenishment of the budget.

At the same time, a number of restrictive measures introduced to curtail the coronavirus outbreak, are adversely affecting small and medium-sized businesses.

Obviously, there are plenty of problems. However, CBR analysts have made rather unexpected conclusions. The fact that the Russian economy has been drained by the fight against COVID-19 may provoke a second surge of the infection.

According to the Moskovskij Komsomolets daily, the bulletin “What are the Trends Talking About?” issued by the CBR department for research and forecasting, says that there might be a second wave of the coronavirus disease.

“One cannot rule out a second wave of COVID-2019 in late 2020, when the season of colds and respiratory diseases begins,” says the report. “The distress of Russian economy due to the fight against COVID-19 may lead up to it.”

It is noteworthy that Anatoly Altstein, Russian virologist and Doctor of Medical Sciences, agrees with this opinion. As wek.ru reported earlier, he believes that a resurge of the epidemic is quite possible but by that time a vaccine against the virus is likely to be developed.

“We will be prepared for the second epidemic,” said Altstein.

As for the end of the current one, he believes that it will be over in late May or early June.

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