Russia · Country watch
Call Marking Agreement, Key Rate Pause, New Program Overseers
Russia's telecoms and banks agree on call marking, key rate holds at 14%, and new overseers for state programs are appointed.
The picture Stable How this is judged →
Business conditions in Russia remain stable with telecom and banking sectors implementing call marking, while the key interest rate holds steady at 14%. New appointments in government oversight may affect public-sector projects, but overall conditions show no significant change.
In this briefing Ministry of Digital Development of the Russian Federation · Big Four (telecommunications) · Alexander Shokhin · Central Bank of Russia · Russian Union of Industrialists and Entrepreneurs · Mikhail Mishustin · Government of Russia
Regulation
Major telecoms and banks agree on call marking
Russia's major telecom operators and banks have reached an agreement on marking calls, according to the Ministry of Digital Development. This agreement will ensure that all calls from these banks are marked, improving call security and transparency. The 'big four' telecom operators and the largest banks in Russia have signed contracts to implement this marking system, as reported by RIA and Izvestia.
Impact Telecom operators and banks will implement call marking, affecting communication protocols and customer interactions.
Sources: RIA ↗, Izvestia ↗, interfax ↗
Markets
Central Bank likely to hold key rate at 14% until February
The Central Bank of Russia is expected to maintain its key interest rate at 14% until at least February 2027, according to Alexander Shokhin, head of the Russian Union of Industrialists and Entrepreneurs. Shokhin stated that no rate cuts are anticipated in the near future, impacting borrowing costs for businesses and consumers. This decision reflects the bank's cautious approach amid economic uncertainties, as reported by Izvestia and Rossiyskaya Gazeta.
Impact Borrowers face continued high interest rates, affecting loan affordability and investment decisions.
Sources: Izvestia ↗, RG.ru Rossiyskaya Gazeta ↗
Politics
Mishustin appoints new overseers for state programs
Russian Prime Minister Mikhail Mishustin has approved changes to the list of vice-premiers overseeing state programs, aligning with recent government personnel shifts. This update aims to enhance the management and execution of government initiatives, as reported by Interfax and AiF. The changes reflect ongoing adjustments within the government to better align leadership with strategic priorities.
Impact Public-sector projects may experience shifts in oversight, affecting timelines and priorities.
Sources: interfax ↗, AiF Argumenti i Fakti ↗, Izvestia ↗
Nothing significant reported today in Disruption · Internal tension · Safety & health · Companies · Trade.
Also today in the local press
- Раскрыты последствия уничтожения станций Starlink ВСУ — rambler Novosti
- Thousands take to the streets of Paris to protest rising prices and police violence — Tass
- CNN назвал возможную причину вызвавшего остановку полетов в США сбоя — Izvestia
- Over 15,000 flights delayed or canceled in US due to system failure — website — Tass
- Ukraine loses over $7 billion due to nearly four months of port downtime — Tass
- Четыре процента с переносом срока. Что показывают прогнозы ЦБ — Topwar.ru
- Акция протеста в Париже переросла в столкновения с полицией, есть раненые — RIA
- В Париже прошла массовая акция против роста цен и насилия полиции — Izvestia
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.