Report on the Bank of Russia’s anti-crisis measures
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Report on the Bank of Russia’s anti-crisis measures

Report on the Bank of Russia’s anti-crisis measures / The Central Bank of the Russian Federation, [Financial Stability Department]. — Moscow : Bank of Russia, 2024. — 114 p.: il.

Аннотация

Since the beginning of the 21st century, Russia has experienced four major crises. All of them were triggered by external events such as global crises, oil price drops, or sanctions enacted by unfriendly countries. Under these circumstances, the Russian Government and the Bank of Russia implemented coordinated anti-crisis policies, introducing measures to support the economy and the people, and to stabilise the financial markets. These measures allowed to mitigate the impact of the crises on Russia’s financial system and economy. Systematic efforts to adjust monetary and fiscal policy mechanisms, develop the financial market, and improve legislation, regulation and supervision in the financial sector also played a crucial role in overcoming the crises. This report is focused on the anti-crisis measures introduced by the Bank of Russia.
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