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Friday, July 28, 2017

Kudrin predicted further reduction of the key rate of the Central Bank


The head of the Center for strategic development Alexey Kudrin said in Sochi on the MYTH that if you want to reduce the budget deficit, reduced its key rate of the Central Bank.

However, he noted that Russia will not be able to quickly reduce the budget deficit, therefore, predicted the gradual reduction of the deficit and a gradual decline in rates. In his opinion, next year, under present conditions, the rate will fall to 8%, and in another year she will be stable at 6.5%.

Thus according to him, the Russian budget deficit may be the end slightly the upper limit of 3.7%, set by the Ministry of Finance in 2016.

source

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