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MOSCOW, June 14 (Itar-Tass) — The macroeconomic situation in Russia is stable, Deputy Economic Development Minister, Russian G-20 Sherpa Stanislav Voskresensky said on Thursday.
“The macroeconomic situation in Russia is ‘static’. The growth rate reaches 4 percent. This is the biggest index in Europe prior year base,” Voskresensky told journalists.
“The debt level to GDP is 10 percent less. Household debt is of 10.6 percent against 60 percent in Germany and France, and with 92 percent in the United States,” the Russian Sherpa said.
In addition, he stressed, “Inflation is being reduced a pretty good.”