TASS
Russia’s budget deficit amounts to 3.7% of GDP in January-May — Finance Ministry
also
Central Bank won't lower the key rate significantly due to ruble weakening risks — experts
Russia tightening during recession. Researching this, I found that Russian economic policy is run by liberals or on liberal principles. The head of the central bank is a liberal, and politically independent, in the liberal tradition of the West that was adopted during the Yeltsin years in which the former Soviet system was liberalized and privatized. So Russia is not like China, the government has been able to marshal economic policy to meet current needs.
No comments:
Post a Comment