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FC debt:
cov(, e)
x= + const
V[e]
Can be directly estimated via OLS regression:
= + e +
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Discussion
Advantages of the sufficient statistic:
— independent
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31.03.2021
individuals make funds transfers to legal entities, individual entrepreneurs, and self-employed persons via the faster payments service of the Bank of Russia payment system. The
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29.03.2021
maximum fee banks may charge from trade and service companies for transactions via the Faster Payments System (FPS). The decision will become effective on 1
CBR keeps a state register of MFIs and supervises MFIs directly and via
SROs. Currently there are about 7,300 MFI companies.
Consumer credit cooperatives
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to the Central Catalogue of Credit Histories and Receiving Information from It Via a Notary’ (becomes effective on 1 January 2022; posted on the Bank
depend on extra expenses for network upgrade
remote access to bank accounts via mobile and a decline in revenues from international
applications to be easily
rapid expansion.
If the current trends continue, the need to support demand via loose monetary policy will
be diminishing.
2.1. Manufacturing growth is close