Thus, he answered the question whether the budget deficit will increase this year due to the financing of the measures announced in the message.

“We have a deficit of 2% according to the plan, and we will do everything necessary to ensure financial stability.

The President spoke about this - that macroeconomic stability must always be observed very clearly, ”RIA Novosti quotes him.

He also stressed that the budget deficit is one of the instruments of such stability.

Earlier, Putin stressed that Russia has entered a new cycle of economic growth.

He noted that Russian banks work stably and steadily and have a margin of safety.