EconomyBank of Russia to factor new budget policy parameters into updated macro forecast

The Bank of Russia says it will incorporate revised budget policy parameters into its updated medium-term macroeconomic forecast, due on October 23. In its baseline scenario, the primary structural deficit is expected to fall from 2% of GDP in 2026 to zero in 2029, with the new projections implying a slightly smaller fiscal contribution to demand than forecast in July.

Bank of Russiabudget policymacro forecast

TTASS★★★☆☆2026-09-30 15:14Original