Siluanov promised to fulfill all budgeted obligations

All the obligations set out in the Russian budget will be fulfilled under any macro forecast. This was stated by Finance Minister Anton Siluanov at the plenary session of the State Duma on November 19.

"All the obligations that you and I have planned for the coming three-year period will be fulfilled under any forecast. <...> But whatever variant happens, the commitments will be fulfilled," Siluanov said.

He also noted that the government shares the objectives of the main directions of the unified monetary policy of the Bank of Russia and is in constant interaction with it.

"The main goal of the DCP (monetary policy. - Ed.) is to maintain price stability, predictable economic conditions, and hence investment activity," the minister added.

Siluanov emphasized that the Cabinet and the Bank of Russia are responsible for financial stability in the country. In addition, he pointed out that low and stable inflation is a necessary condition for the development of the economy and protection of purchasing power.

Earlier, on November 14, Russian Prime Minister Mikhail Mishustin called the draft budget of the Russian Federation for 2025-2027 balanced and moderately conservative. He added that the draft budget takes into account external conditions without overestimation and should ensure macro stability. According to the Prime Minister, investments increased by more than 10% in the first half of the year, but at the moment there is a decrease in activity in this part due to the high cost of borrowing.