The end of the liberal policy will lower the rate to 4-5% – economist Khazin

11:11; 14 May 2025 year

Economic growth in Russia is directly dependent on political decisions. This opinion was voiced by Russian economist Mikhail Khazin during the All-Russian Financial Forum Finmarket in Yekaterinburg, reports «Business Magazine. The Urals.

According to Khazin, if a decision is made to curtail the liberal policy, the rate will drop to 4-5%./p>

- If a political decision is made that liberal policies need to be ended, we will have a rate of 4-5% and economic growth of 10-12%. With the right conservative policy," the expert emphasized.

He recalled how Viktor Gerashchenko, the largest Russian financier, joined the Central Bank in 98 and by 2002 had managed to bring the Russian economy to an economic growth rate of 12-15% and increase the money supply by 15 times.

- When the money supply is insufficient, inflation decreases rather than increases due to its increase. By the way, inflation was falling at the same time, I followed the figures then, and they were more adequate than they are now," Khazin emphasized.

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