The head of the Russian Ministry of Finance, Anton Siluanov, said that he sees no reason for a sharp decline in the ruble exchange rate. His comment is his telegram channel Published by journalist Pavel Zarubin.
According to him, predictability is important in foreign exchange rate forecasting.
“We have the tools to ensure the course is predictable and sustainable,” he said.
Previously Siluanov statedHe said that Russia as a whole is complying with the sanctions, despite all the restrictions and instability in the global economy.
According to him, the financial situation of the Russian Federation looks stable; By the end of 2023, the budget deficit is expected to be just over 1 percent of GDP, down from the planned 2 percent, and economic growth is expected to reach 2.8 percent this year.
The head of the Ministry of Finance added that inflation in Russia will be slightly above 7 percent in 2023, but will fall to 4 percent, which is the Central Bank’s target, by the end of 2024.
Previously Mishustin in the name Avoid excessive optimism.