Each additional percentage point of inflation increases the…
Each additional percentage point of inflation increases the budgetary system of the Russian Federation by approximately 400 billion rubles, while a percentage point of the key rate increases it by 300–350 billion rubles.
Coverage (4 sources)
- Siluanov: rise in housing and utilities tariffs increases budget expenditures — Вести
- Siluanov assessed inflation and Central Bank rates growth in the hundreds of billions of rubles for the budget — Ведомости
- Siluanov said that indexing in housing and utilities reflects on budget expenditures — Интерфакс
- Siluanov: One percentage point of inflation costs the budget 400 billion in additional expenses — Фонтанка