Matvienko spoke about the stability and sustainability of the Russian economy

Brief retelling from RIA II

Federation Council Speaker Valentina Matvienko said that the Russian economy is functioning stably and sustainably.

The budget forecast remains moderately conservative, but senators are cautiously optimistic about it.

A sound fiscal policy creates the basis for balanced regional development and economic growth in Russia.

MOSCOW, October 5 – RIA Novosti. Despite all the difficulties, the Russian economy is functioning stably and sustainably, and although the budget forecast remains moderately conservative, senators look at it with cautious optimism, said Federation Council Speaker Valentina Matvienko.

At the first meeting of the autumn session of the Federation Council, senators heard a report by Deputy Prime Minister of the Russian Federation Alexander Valentinovich Novak on the forecast for the socio-economic development of Russia.

“And although the budget forecast remains moderately conservative, we look at it with cautious optimism. In general, it can be argued that despite all the difficulties, the Russian economy is functioning stably and sustainably,” the politician said at parliamentary hearings on the draft budget of the Russian Federation for 2027-2029.