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The ministry will provide its final variant of the macroeconomic outlook through 2024 in August-September © Artem Geodakyan/TASS MOSCOW, July 9. /TASS/. Russia’s Economic Development Ministry has revised a number of indicators of its outlook on the country’s social and economic development through 2024 in the run-up to a new budget cycle. Using the latest projections provided in April in drafting the new three-year budget would lead to tight budget policy with the necessity to reduce expenditures, whereas the Finance Ministry plans to normalize its budget policy starting 2022 and pursue it in accordance with fiscal rules, a representative of the Economic Development Ministry told reporters.

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