Russia Monitor28 июл., 17:48The Bank of Russia has reduced the interest rate by 0.25% while revising its economic growth forecast downward. The new growth range has a lower boundary set to zero, reflecting increasing economic challenges. 2/5
Russia Monitor28 июл., 17:49Inflation projections have risen, now expected to be 1.5 percentage points higher than earlier forecasts, signaling a trend towards stagflation in the Russian economy. 3/5
Russia Monitor28 июл., 17:49The budget deficit in Russia is projected to exceed 8 trillion rubles by the end of the year. To manage this, the government will resort to printing more money. 4/5
Russia Monitor28 июл., 17:49These economic indicators show fragility in Russia's fiscal management and raise concerns about potential public discontent as the government navigates increasing inflation and stagnant growth. 5/5
