The upsurge in inflation that we have at the moment is a direct consequence of the sharp drop in the exchange rate and the increased cost of imports … these are two sides of the same coin.
The Central Bank cannot bring inflation down if the government won’t lend it a helping hand by adjusting its fiscal policies and indexing natural monopoly tariffs.
The level of our gold and foreign exchange reserves could be increased by 25% if the repayable funds that we have provided within the framework of foreign currency financing are returned.
Our economic slowdown is structural in nature and can only be corrected by making structural changes.
The best contribution that the Central Bank can make is really to ensure price stability.
Capital markets can be your best friends or your worst enemies – it all depends on what you do with them.
In cooperation with KAMAZ
In cooperation with Gazprombank (Joint-Stock Company)