In accordance with Federal Law No. 86-FZ, dated 10 July 2002, ‘On the Central Bank of the Russian Federation (Bank of Russia)’, the Bank of Russia Annual Report for 2023 contains the results of the Bank of Russia’s work, the analysis of the economic situation in Russia, including the financial market, the balance of payments, and the NPS, as well as the Bank of Russia’s annual financial statements, auditors’ reports, information about the National Financial Board’s decision on the assessment of auditors’ independence, and the statement by the Accounts Chamber of the Russian Federation. In 2023, the domestic economy continued to adapt to the new external environment. The economy bounced back to its pre-crisis level as early as the middle of the year. Companies were successfully rearranging their operations. Consumer activity was picking up. As of the end of the year, GDP increased by 3.6%. In such a situation, the financial sector’s objective is to contribute to the economy’s structural transformation and its balanced steady growth. The key condition for that was the Bank of Russia’s consistent policy aimed at maintaining financial and price stability. For the financial market to efficiently accumulate savings and transform them into investment, the Bank of Russia was making efforts to strengthen people’s confidence in the financial market and promote long-term funding to the economy. The Bank of Russia’s measures to digitalise the financial market and advance the payment system and settlements helped enhance financial inclusion for people and businesses.