The agreement with IPPs was made by the last regimes and the ruling party had no role in that regard, he stated in an interview with a private television channel.
Russia, one of the world's largest wheat exporters, is trying to stabilise domestic food prices with the wheat export levy as well as a grain export quota and a series of other measures after President Vladimir Putin criticised the impact of excessive inflation.
Consumer prices are expected to run hotter in a couple of months when March and April of 2020, which saw very low inflation, fall off the yearly reading.
Broadbent said the smaller slowdown in inflation reflected shifts in consumer demand during the pandemic that had led to temporary capacity constraints in businesses.
The consequences for cost pressures over the medium term - and therefore for monetary policy - are probably limited.
The South American grains powerhouse is a major international corn, soybean and wheat supplier as well as the world's top exports of soymeal livestock feed.
He said that a comprehensive business plan for early revival of the railways would be introduced; however, he added that reforms always took time to produce results.
This week, Agbal said Turkey will keep monetary policy tight in the new year and hike interest rates further if necessary to achieve a lasting fall in inflation.
U.S. Congressional lawmakers scrambled to pass a coronavirus aid package on Thursday with both parties saying that failure to reach an agreement was no longer an option.
The 2020, rally has also been driven by increasing expectations it will become a mainstream payment method, with PayPal opening its network to cryptocurrencies.