Nabiullina: Russia’s fiscal policy has no effect preinflation

© RIA Novosti / Natalia to Seliverstova in photobacteria the Central Bank of Russia on Neglinnaya street in Moscow. Archival photoNabiullina: Russia’s fiscal policy has no effect preinflation© RIA Novosti / Natalia to Seliverstova the image Bank

Fiscal policy in Russia is quite balanced and has no proinflationary effect, said the head of the Central Bank of Russia Elvira Nabiullina.

«We see that fiscal policy prudent fiscal policy has no effect preinflation. Of course, there are factors that we consider in our forecasts, but in General it is not proinflationary character,» she said.

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