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fiscal policy. Its normalisation in 2025 will have a disinflationary effect. Changes in the fiscal policy parameters may require an adjustment in monetary policy pursued.

recent criticism about your policy and high interest rates. What would you say to this? ELVIRA NABIULLINA: You know, our policy is criticised especially sharply

Sheet. Instruments of the Bank of Russia Monetary Policy 2. THE BANK OF RUSSIA BALANCE SHEET. MONETARY POLICY INSTRUMENTS Table 2.1 The Bank of

an injury or illness, and upon policy expiry. This guaranteed limit also applies to clients’ premiums paid during the policy term. The refunds will be

liquid assets. This decision will decrease the regulatory pressure on SICIs’ lending policies and banking product pricing. According to the earlier schedule, SICIs were to

National Financial Board holds meeting 13 December 2024 Press release Share VKontakte WhatsApp Telegram The National Financial Board (NFB) considered the Monetary Policy Guidelines for

in any publications as the Bank of Russia’s official position, official policy, or decisions. Any errors in this document are the responsibility of the

of household funds into deposits. Contrastingly, rising lending rates and tightening macroprudential policy helped cool retail lending. According to recent data, corporate lending also showed

will be a platform for discussing topical issues related to economics, monetary policy, financial market and financial technology development, and consumer protection. The Bank of

insurance premiums in these segments was supported by high sales of short-term policies and large insurance contracts signed over 2024 Q3. Other insurance segments expanded