Putin emphasized the critical need for the government and central bank to cooperate effectively to control the high inflation rate, stating that this is crucial for both businesses and ordinary citizens.
He asserted, 'It is imperative to avoid any misalignment in key macroeconomic indicators and prevent sectoral imbalances,' indicating the importance of a unified approach in combating inflation.
Putin described the call for collaboration as a guideline, stating, 'This is not just a recommendation or a proposal - this is a guide to action,' reinforcing the urgency of the situation.
The current inflation rate in Russia stands at 8%, significantly higher than the target of 4%, leading to concerns about the impact on businesses and public savings.
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