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  3.2 Macro outlook
     Low rates of vaccination in Russia threaten economic growth, and the impact of the pandemic on the economy will last for a long time, S&P experts say. S&P predicts economic growth at the end of 2021 at the level of 4%, which is close to the expectations of the Ministry of Economic Development (4.2%), but in 2022 it expects a slowdown to 2.6%, and then to
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