08:40 GMT +316 December 2019
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    Sound Fiscal Policy Linked to Russian Economic Improvement - Finance Minister

    © AFP 2019 / ALEXANDER NEMENOV
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    The Russian minister of finance attributed certain economic improvements to sound fiscal policy.

    MOSCOW (Sputnik) — Russian Minister of Finance Anton Siluanov said Wednesday that economic improvements in the country are linked to sound fiscal policy.

    "All the previous colleagues spoke about successes. All these achievements are related to fiscal policy, the budget," Siluanov said at the Russia Calling financial forum.

    As an example, the minister cited timely budget consolidation without inflating costs or injecting money into the economy as the main factors that led to reduced inflation from 17.6 percent to 5.7-5.8 percent this year.

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    fiscal policy, Anton Siluanov, Russia
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