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The Ministry of Finance predicted inflation and GDP for the next three years
The draft budget of Russia for the next three years has been published. According to document inflation in the 2020 year will be reduced to 3%.
According to the estimates of the Ministry of Finance of Russia, it will remain at the target level of 4% in 2021-2024. In addition, the projected GDP in 2020 will amount to 112,86 trillion rubles. For 2021 and 2022, the values will be at the level of 120,364 trillion and 128,508 trillion rubles.
The revenues of the federal budget next year will amount to 20,4 trillion rubles, in 2021 year - 21,2 trillion rubles, in 2022 year - 22 trillion rubles. Costs should not exceed 19,5 trillion rubles, 20,6 trillion rubles and 21,8 trillion rubles, respectively. The document is posted on the federal portal of regulatory legal acts.
Earlier, Prime Minister Dmitry Medvedev announced a surplus budget for the next three years. And also that he will be focused on social needs of Russians. When developing budget parameters, instability in world markets was taken into account.