The Russian government still considers it necessary to maintain a fiscal rule

11 April 2014, Friday
The Russian government considers it necessary to maintain a fiscal rule to ensure fiscal and financial stability and did not change its position on this issue , said Russian Finance Minister Anton Siluanov .

Ministry of Economic Development offers this year to mitigate the fiscal rule to boost the economy of the Russian Federation . This week downgraded MAYOR GDP growth forecast for 2014 to 0.5-1.1 % from 2.5% . As a basic ministry offers a second , conservative- active variant of the forecast , assuming GDP growth of 1.1% , but the MED considers that it is possible only in alleviating budgetary rules and capitalization of Russian banks.
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