In Russia, you can reduce the inflation rate if you provide production growth and reduce government expenditures. About it Tass Ivan Abramov, Vice President of the Economic Policy Council, said.
Senator, “Inflation is accelerated with us due to the imbalance of supply and demand. Today we need to work in the offer. When the sanctions are applied, when many producers are separated, we have a demand and demand is encouraged, including the budget effects. But unfortunately the proposals are not enough,” he said.
Abramov added that he should reduce budget expenses to reduce inflation. However, according to the first vice president, Russia is currently not able to benefit from such a strategy.
At the end of April Elvira Nabiullina President of the Central Bank of Russia He saidA fracture in annual inflation in Russia will have to be in May of this year. According to him, then the slowdown in inflation will begin.
Nabiullina before saidHow to strengthen the rule affects inflation.
What are you thinking?
Source: Gazeta
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