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The head of the Central Bank said a good level of profit of the economy

Bank of Russia Governor Elvira Nabiullina speaks at XXIII International Banking Forum

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The head of the Central Bank said a good level of profit of the economy

Bank of Russia Governor Elvira Nabiullina spoke at the XXIII International Banking Forum. She said the economy’s profit-to-GDP ratio is now at a good level, comparable to 2017.

According to Nabiullina, the economy’s profit in relation to GDP indicates how much profit it generates. Now on this indicator, Russia is at the level of 2017-2019, when the economy grew steadily with low inflation.

The head of the Central Bank also noted that high inflation has worried Russians for many years. Therefore, it is necessary to ensure price stability.

Earlier, Russian Prime Minister Mikhail Mishustin said that Russia's GDP grew by 0.6% in January-July this year. Thus, economic indicators show positive dynamics.

It became known that prevents the Russians regularly save money

Nabiullina told about plans to expand the functions of the digital ruble

Source: Московский комсомолец ↗

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