Siluanov: Moody's outlook confirms our correct macroeconomic policy

Russian Finance Minister Anton Siluanov said that the upgrade in Moody's outlook on Russia's debt confirms the government has adopted a correct macroeconomic policy, both monetary and fiscal.

But Russia should cut the budget deficit and return to economic growth to become a country with an investment-friendly grade. "The Russian economy has largely adapted to the new environment, but not entirely," the Finance Minister noted.