Economic Outlook: Andrey Klepach

Andrey Klepach: While presenting a new economic outlook, Andrey Klepach criticized what he sees as an unnecessarily strict fiscal rule that limits budget spend and caps the budget deficit, while sending any extra oil revenue to a.., according to Wall Street Journal and Russia needs to increase public spending and ease its strict fiscal policy to overcome economic stagnation, boost investment and prevent capital outflow, the country's deputy economy minister said on Tuesday. (news.financializer.com). As reported in the news.