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difficult task was to distribute revenues and expenses when planning a family budget for several months ahead — only 32% were able to cope with it.

Carbon regulation credit companies OPEX & Ruble exchange CAPEX rate Inflation market currency Budget interest rate Key rate financial expenses 15 Main results of climate stress-testing

2015) 4. Insurance reserve funds are not subject to requisitioning to the budget system of the Russian Federation. (As amended by Federal Law No. 349-FZ,

restoration and development of the country’s economy. Affordable loans alongside increased budget expenditures provided the boost helping the Russian economy rebound already by mid-2023

in consumption was mainly driven by increases in wages, social welfare allowances, budget payments, and lending volumes. Consumer activity was boosted by buyers’ adaptation to

used in budget processes. Within the pilot testing, we are analysing the opportunities for both individuals’ and businesses’ payments to the budget and budget payments

the budget’s contribution substantially contracted in recent months, giving way to lending as the key source of money supply growth. Based on budget projections

operations. Institution’. Regional and local budget funds are treasury accounts balances of the regional budgets and local budgets. Other budget funds are total funds of

record 10.7% due to advance payments of January pensions in December, budget and social payments, and growth in household incomes. It is expected that

levels. The discussants noted that budget system spending in January was close to the historical norm. Most participants agreed that budget spending planned for the