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1 CLIMATE AGENDA IS A PART OF THE SUSTAINABLE DEVELOPMENT AGENDA CLIMATE POLICY COMMITMENTS NET 2030 70% OF 1990 LVL 2060 ZERO THE ROLE OF

transformation. climate risks 8 Key measures to reduce climate risk Development of policies to manage Greenwashing climate risks Assistance to clients and counterparties Restriction on

down price growth. Elvira Nabiullina also stressed that, even despite the monetary policy tightening, the expansion in lending had hit a record high by the

s forecast, tight monetary policy will be increasingly limiting soaring domestic demand and dampening its proinflationary consequences. Considering the monetary policy pursued, annual inflation will

divisions of the Bank of Russia regional branches jointly with the Monetary Policy Department. This issue was compiled by the Ural Main Branch of the

goods and services. The Bank of Russia forecasts that, given the monetary policy pursued, annual inflation will lower to 4.0–4.5% in 2024

MONETARY POLICY TRANSMISSION The monetary policy transmission mechanism (or monetary policy transmission) is a sequence of links in the economy through which monetary policy influences

the pace of future disinflationary trends. The Bank of Russia’s monetary policy is set to solidify disinflation processes unfolding in the national economy. The

influencing inflation? ELVIRA NABIULLINA: Indeed, we do factor in fiscal policy, the path of fiscal policy normalisation when making our key rate decisions. However, this

the pace of future disinflationary trends. The Bank of Russia’s monetary policy is set to solidify disinflation processes unfolding in the national economy. The