MOSCOW, July 31. /TASS/. The current account surplus of the Russian payment balance is forecast to contract from the all-time high $236 bln in 2022 to $26 bln in 2023 due to the export decline and recovering imports, the Central Bank said in its monetary policy report.

The figure will grow to about $30 bln in years to come on account of growing exports in conditions of supplies’ redirection. The indicator was lowered to $30 bln in 2024 and $32 bln in 2025.

Physical volumes of exports are expected to expand in years to come after the significant contraction in 2023. The forecast of the cost of goods and services import was revised upwards a bit, considering the estimate above expectations during the first six months of this year, the regulator said.