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Sanctions did not disturb Russian macroeconomic stability — PM

The item of performance of the federal budget for nine months of this year is on the agenda

  • Sun Online Desk
  • 30th November, 2022 06:52:36 PM
  • Print news

The financial system of Russia remains stable, despite sanctions, Prime Minister Mikhail Mishustin said on Tuesday at the Cabinet meeting.

"The item of performance of the federal budget for nine months of this year is on the agenda. Contrary to challenges, its main indicators remain balanced. Sanctions have not disrupted resilience of the Russian financial system and have not affected macroeconomic stability," Mishustin said.

"Developments under negative scenarios were managed to be prevented," the Prime Minister noted. "Applied systemic measures managed to stabilize the situation in the economy, support operations of enterprises and entire branches, and keep jobs in regions," Mishustin added.

Source: TASS