Russian-American Business magazine - http://russianamericanbusiness.org/web_CURRENT
Russian government aims to keep inflation at bay
http://russianamericanbusiness.org/web_CURRENT/articles/451/1/Russian-government-aims-to-keep-inflation-at-bay
News Service
 
By News Service
Published on 04/15/2009
 

Under the renewed anti-crisis program for 2009, the Russian government aims to keep inflation at the rate of 13.3% like it was in 2008. In 2010 and in 2011 inflation growth may slow down by 10 and 11 percent respectively. Russia’s Central Bank is expected to play a crucial role.


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Under the renewed anti-crisis program for 2009, the Russian government aims to keep inflation at the rate of 13.3% like it was in 2008. In 2010 and in 2011 inflation growth may slow down by 10 and 11 percent respectively. Russia’s Central Bank is expected to play a crucial role in preventing further inflation by imposing limits on the growth of dual currency basket`s cost.