The central bank stated that covering additional expenses with tax payments will reduce the impact on demand and rates

The central bank stated that covering additional expenses with tax payments will reduce the impact on demand and rates

Covering additional budget expenditures with tax revenues will reduce the impact of this factor on demand, interest rates and monetary policy (MP), said Deputy Chairman of the Central Bank Alexei Zabotkin. "The announced parameters of the three-year budget fit into the assumptions of our forecast for July.