MOSCOW (Sputnik) — Russia has achieved sustainable macroeconomic stabilization in recent years, President Vladimir Putin said Wednesday, calling for continuing the trend in addition to a course aimed at lowering inflation.
"I will point out that in recent years we have achieved sustainable macroeconomic stabilization," Putin said at the Russia Calling investment forum.
For comparison, Putin cited the figure of 6.4 percent year-on-year inflation as of early October versus 15.7 percent in early October 2015. He forecast that the target 4 percent inflation would be reached by 2017.
"We need to support the emerging trends in improving macroeconomic sustainability, including continuing the course of achieving the inflation objectives, pursuing a responsible fiscal policy," Putin stressed.
