Head of the Central Bank of Elvira Nabiullina During the Gaidar Forum, there were three main challenges facing Russia and its economy, the correspondent “Renta.ru” reports.
“We have two calls: the labor market, and we see the workforce shortage, and motivation for private investors,” Nabiullina noted.
According to her, in the professional community and business environment there is an opinion on the insufficiency of private investment committed. “But I would like to answer it that the point is not in the bets, but in the desire to take responsibility and shareholder claim,” said the head of the Central Bank.
The third challenge she called the ESG transition characteristic of the economies of many countries: “We must be prepared for it. It shows that risks for investment in the world are growing.”
In the past few months in Russia there is a discussion about the feasibility of increasing the key rate of the Central Bank. In particular, the billionaire and shareholder “Rusala” Oleg Deripaska actively advocates a decline in the rate for providing business access to cheap loans.