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long-term export price would enhance the budget
resilience and make the economy less dependent on global prices, provided
that budget expenditures are adjusted accordingly. Otherwise,
132
10.04.2026
long-term export price would enhance the budget resilience and make the economy less dependent on global prices, provided that budget expenditures are adjusted accordingly. Otherwise,
but will rather help balance
the budget instead of raising more borrowings to finance the deficit. The draft budget
for 2026–2028 assumes that the
sources of
investment in its modernisation projects were subsidised loans and federal budget funds.
Manufacturers of consumer goods mentioned high private demand as the leading
Housing construction
Monetary conditions and credit and deposit markets
No. 39
Regional budgets
15 October
2025 Industry focus. Harvest of 2025
Producer prices and price
high structural budget deficit results in a continuous growth of public
debt not only in absolute terms but also relative to GDP and budget revenues.
137
26.03.2026
of payment from the budget system. That was an important stage. We tested automated control over the targeted use of budget spending. You know how
fiscal rule that links budget spending to basic oil and gas revenues
mitigates uncertainty in the economy, ensures predictability of budget spending, and strengthens
macroeconomic
139
25.03.2026
vs ?0.4% in January). Growth in lending was constrained by significant budget payments, as demand for funding from enterprises fulfilling public procurement contracts was
140
24.03.2026
policy that helped reverse the inflation trend downwards despite new sanctions, additional budget expenditures, and other factors that could not be foreseen in early 2025,