“We proceed from the fact that by 2024 we will have an economy that is already stabilizing on its new path of sustainable growth,” he said in an interview with RBC.

Zabotkin also allowed that the Russian economy could return to 2021 levels in 2025.

Earlier, Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, in an exclusive interview with RT, allowed the Central Bank to reduce the key rate to 6.5% in 2023.

On December 16, the Central Bank of Russia, as expected, kept its key rate at 7.5%.