He also talks about the need to adapt to current and future structural changes.
I.O. First Deputy Prime Minister Andrei Belousov claims that the key rate will remain at a high level in the coming years. It predicts that the rate will drop to 6-7% only by 2027, the correspondent of The Moscow Post reports.
According to him, the economy growth trajectory will consist of two stages with an average growth rate in a range of 2-2.5%.
It suggests that since 2027, inflation will begin to decline and reach 6-7%, and from 2028-2030 there will be an acceleration of growth to 3%.
Recall that the Board of Directors of the Central Bank recently left a key rate of 16%, noting that inflationary pressure gradually weakens, but remains high.