The Central Bank of Russia set an important condition for reducing interest rates in 2027

The Central Bank of Russia set an important condition for reducing interest rates in 2027

The planned reduction in the structural primary budget deficit is an important condition for the reduction of interest rates in 2027, Bank of Russia Deputy Chairman Alexey Zabotkin said in the State Duma. "The budget is a very important source of demand in the economy, the parameters of the budget policy, the timing and speed of reducing the budget deficit are an integral part of the basic assumptions of the economic forecast announced by the Bank of Russia.