In January-August 2021, the banking sector’s profit hit the record-high of Rb1.4 trillion on the back of a pickup in lending volumes and simultaneous reduction in loan-loss provisions. Growth in revenues from commission operations owing to increased income from settlement and cash services and...

Analysis of trend components of production indices for May through July 2021 suggests that growth factors in trends for the extractive industries since the beginning of 2021continue to have effect for two reasons: a pickup in demand for power-generating coal on the part of European and Asian...

According to data for H1 2021, own tax and non-tax revenues of the consolidatedbudgets of RF subjects recovered after their fall in 2020 and showed an increase,compared to the same period in 2019.The structure of expenditures of regionalconsolidated budgets changed in 2021 compared with their...

According to the results of H1 2021, the federal budget revenues exceeded the level of 2019, hitting 20.9% of GDP. The main contribution to this outcome was made by an increase in VAT receipts, primarily due to an increase in the consumption of nonfood products with a slight increase in the...

The recommencing growth in demand increased the level of satisfaction with its volumes to 78% of the surveyed industrial enterprises. The dynamics of output lagging behind the growing demand and the logical caution in the context of the ongoing fight against coronavirus, keep manufacturers from...

The problem of long-term sustainability of the mandatory pension insurance system (MPS) of the Russian Federation is highly dependent on trends in the labor market. Their analysis, as well as scenario forecasts based on it, indicate the presence of risks that could lead to a decrease in the...

The slowdown in the growth rate of retail deposits is due to the policy of low rates of the Central Bank of the Russian Federation in 2020 and the introduction of a tax on interest on retail deposits, which came into force in 2021. The increase in the key rate of the Bank of Russia contributed...

The draft federal budget for 2022–2024 can be characterized by insignificant growth in budget revenues, substantial reduction in shares of GDP of budget expenditures and reallocation thereof as compared with the pandemic-related pattern of public expenditures and budget surplus. On a...