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Home News Central Bank Governor Nabiullina noted the importance of ending anti-crisis measures to avoid side effects
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Central Bank Governor Nabiullina noted the importance of ending anti-crisis measures to avoid side effects

Photo by Bryce Barker on Unsplash

“Anti-crisis measures are such powerful drugs, and like powerful drugs, they have side effects. So you have to stop taking it as soon as the patient can manage without it. Otherwise, those side effects will negate all the positive effects. And that is exactly how we acted,” she said, speaking in the State Duma. Her words were quoted by RIA Novosti.

Earlier, Russian President Vladimir Putin announced a significant improvement in the forecast of the dynamics of Russia’s gross domestic product (GDP) in 2023.

According to Putin, during the preparation of the budget for 2023, the Cabinet of Ministers proceeded from the expected decline in GDP by 2.9% in 2022 and by 0.8% this year.

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