Military Review

IMF worried in vain! How Russia will spend reserves

59
IMF worried in vain! How Russia will spend reserves

Outsider tips



Military Review has already written about how aggressively foreign experts recommended and continue to recommend Russia not to spend reserve funds on infrastructure projects (“Where to put Russian money? Why Moscow is not listening to the IMF) Especially intrusive were the tips to invest honestly earned money in reliable and highly liquid assets. Of course, foreign, and best of all - American.

Extra money, as you know, does not happen. And much less happens. And, it would seem that the fact that Russia is now earning on hydrocarbons, or rather, on the favorable market conditions for oil and gas, can only be considered superfluous by a madman. It is no coincidence that no one seemed to be going to listen to the advice of the IMF and experts more closely. Especially considering that we have counter-sanctions and dedollarization on the agenda.

However, because of the unthinkable stinginess shown by the Russian financial authorities, it seems that all their rebuffs to the International Monetary Fund or the reputable Bloomberg agency were nothing more than spectacular declarations to the public. But judging by the publications in the press about the rules of the game, which are established for using the funds of the National Security Fund, access to them will be extremely limited.


The Central Bank and the Ministry of Finance proposed, and the prime minister promptly approved so stringent regulations that almost the entire business, which does not have free funds, might not even dream of means of the NWF. Details are slightly lower, the approach itself suggests that the Ministry of Finance and the Central Bank once again prevailed the habitual desire not to take risks. For many years this worked, by all indications, it will work now.

Today, deliberate caution is beautifully presented as a laudable desire to get a return on investment. Returns, though not maximum, but guaranteed.

What guarantees?


What kind of guarantees can we talk about if our own, or rather, people's money, although we have not been using such definitions for a long time, we regularly give to the side for management. Yes, for the ability to diversify any funds, not only reserve ones, that is, do not put eggs in one basket, each financier is supposed to be praised.

Let us recall a simple folk wisdom on this subject: “don’t teach me how to live, better help me financially.” But Russia just demonstrates its readiness to help financially direct competitors, who are also strangling us with sanctions that are most dangerous for the banking and financial sector. And we will not argue: the IMF is constantly imposing itself on Russia with all sorts of loan offers, considering this the best form of material assistance.

In recent years, Russia has practically not taken a loan from the IMF, and not at all because it does not know what to do with its reserves. Nobody can get away from the global capital market, in which case you can stay without access to a cheap and long-term loan. That is why the main reason for our intransigence in relations with the fund remains not too good, even too bad credit conditions.

And such, as if Russia had not only paid for decades through the stump-deck for decades, wrote off billions, and already extended tens and hundreds of billions. It doesn’t matter what: dollars, euros or even RMB. Since Soviet times, our country was among the best recipients of loans. The short pause she took during the reform period does not count at all, since even the default of foreign creditors has been affected to a minimal extent.


By the way, and with the same IMF, with the light hand of ex-Prime Minister Mikhail Kasyanov, we managed to pay off almost completely even before the crisis at the turn of the 2008-2009. At what price was this calculation made, a separate topic for research, while Russian lawmakers and the executive branch have been arguing for years now about how to manage the money accumulated in the National Wealth Fund (NWF).

For a long time, the courage to talk about how, at their expense, it is possible to solve, for example, not only economic, but also some social issues, few were enough. If only the Communists, and even then not at the crucial moment. Now about the social sphere too - not a word. Prime Minister Dmitry Medvedev has already approved the conditions prepared by the Ministry of Finance for investing the NWF in purely economic projects.

The stake is placed on stimulating economic growth, and only he will help to solve social issues. At least it should.

Therefore, it is hardly worth wondering that, for the calculation of the means of the NWF, the grounds seem to be much less than for the same IMF loans. However, for relations with the IMF you yourself must at least be a representative of the executive authority. In the case of the NWF, just the executive branch will need to prove that the money from the fund will not go into the sand.

And what are the scores?


Here is the time to deal with the conditions that the Central Bank and the Ministry of Finance are exposing to business. So, contrary to the formula known since Peter the Great, when “the sovereign ruble pulls three private shares”, the share of the NWF in financing the proposed projects will not exceed 20%, that is, the ratio will be 1 to 4, not more. However, the investor himself must invest at least 20%, and the rest must be covered at the expense of the raised funds.

The minimum return on the fund’s investments is very tightly limited - at the OFZ level, which, given the average Russian average extremely low profitability of the most promising projects, indicates one thing. For money, either no one will come, or one will come who can at least draw high profits on paper. As you know, we have abundant experience in this area, and again, it will not be those who propose projects who decide, but those who will select them.


It should be noted that it is still too early to actually divide the surpluses of the NWF: the cutoff level established by law in 7 percent of GDP for the liquid part will be overcome at best only in the 2020 year. Now, according to the Ministry of Finance, the fund has already accumulated more than 7,3 percent of GDP, but, apparently, there are still difficulties with liquidity.

And no one is in a hurry to claim free trillions. Well, with the obviously low demand for NWF funds, there will no longer be a destination for them other than those that the IMF has carefully recommended to us. Highly liquid and reliable western assets.
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  1. 210ox
    210ox 26 November 2019 15: 19
    0
    Well, besides Western assets, there are also our ... banks. There is where to invest ..
    1. Ross xnumx
      Ross xnumx 26 November 2019 15: 26
      +22
      Quote: 210ox
      Well, besides Western assets, there are also our ... banks. There is where to invest ..

      Guess it's irony? feel
      Well-known formula: commodity-money-commodity in the Russian economy has got its know-how:
      rubles-currency-rubles ... It is clear that the presence of the NWF or some other reserves in the country sets certain tasks and obligations. This is how it is done. Since 2000, we have heard intelligible "messages" both to the Federal Assembly, and to various, all, others. As for the obligations to fulfill them, then:
      The strictness of Russian laws is mitigated by the non-binding nature of their implementation.

      hi
      1. 210ox
        210ox 26 November 2019 15: 29
        +19
        This is not only irony. This is a bitter irony .. hi
        1. Ross xnumx
          Ross xnumx 26 November 2019 15: 30
          +7
          So he suggested correctly ...
        2. Aerodrome
          Aerodrome 26 November 2019 18: 08
          +16
          Quote: 210ox
          This is not only irony. This is a bitter irony .. hi

      2. aybolyt678
        aybolyt678 27 November 2019 08: 29
        0
        Quote: ROSS 42
        rubles-currency-rubles ..

        rubles (oil gas) -currency-rubles (consumer goods), but where is labor? by which was meant the goods stroke? in the well-known formula
    2. at84432384
      at84432384 26 November 2019 17: 21
      +23
      In "our" banks there are several trillions of unspent budget funds on which they comfortably exist. The problem is that, apart from mortgage and consumer loans, they cannot lend to the real economy (only on the security of fixed assets, which the real sector does not want to do because of the just fear of raider seizures), i.e. also nowhere to put money. And as long as the liberals are in power, they will continue to suck money out of the people and production through taxes and, in fact, transfer them to the West free of charge.
      1. businessv
        businessv 26 November 2019 19: 23
        +20
        Quote: at84432384
        And while the liberals are in power, the taxation of money from the people and production through taxes will continue, with essentially free transferring them to the West.

        Absolutely, colleague! That is why, with such a money supply lying idle, investors are looking for profitable projects using various economic forums and similar platforms. That is why domestic producers are bankrupt in order to make way for global corporations. Our oligarchy is only concerned about their resources, which they earn here, but later they withdraw them over the hill, where they work and money, but not to our country. Liberasts no longer know what taxes to put pressure on the remaining small entrepreneurs - there are no more medium ones. The authorities are all complaining about the lack of a National Idea that can unite the people, keeping silent about the fact that social reform and improving the life of the people is the real National Idea, but the government is not up to the people, unfortunately. Respect and respect for the authors for a relevant and honest article, thank you!
    3. Civil
      Civil 27 November 2019 08: 38
      +4
      The old team is not pulling the economy. Especially HSE and all sorts of such profitable places.
  2. Hunter 2
    Hunter 2 26 November 2019 15: 29
    +14
    About how - It turns out there is money and a lot! Well Duck and invest them in the real economy and not paper assets! Roads, Bridges, Factories, Army and Navy!
    Yes, and people can be helped, the same Child benefits, Childbirth payments for the Child, to redeem part of the mortgages from banks (at least for state employees).
    After all, there are competent economists and financiers in Russia!
    1. Ross xnumx
      Ross xnumx 26 November 2019 15: 35
      +7
      Quote: Hunter 2
      About how - It turns out there is money and a lot!

      On the eve of 2016, we already heard this:

      Unfortunately. This gentleman did not please us with anything new ... We will not wait for "mercy" from Medvedev either ... Even those annual thousands for pensioners ... And about working pensioners who were temporarily frozen in the indexation of pensions, I will keep silent.
      1. Vadim237
        Vadim237 26 November 2019 17: 21
        -16
        Well, someone is happy - with the financing of Rusnano, 85 production facilities have been opened and have been operating in Russia since 2011.
        1. Aerodrome
          Aerodrome 26 November 2019 18: 25
          +12
          Quote: Vadim237
          Well, someone is happy - with the financing of Rusnano, 85 production facilities have been opened and have been operating in Russia since 2011.

          announce the number of employees ... more than a thousand at least? ... "production" .... now, no matter what the "plant" then 200-300 people. fucking production! the rest of the people what to do? millions?
          1. Vadim237
            Vadim237 27 November 2019 19: 28
            -3
            Your nonsense about "How many employees are there?"
        2. Ingvar 72
          Ingvar 72 26 November 2019 20: 13
          +12
          Quote: Vadim237
          85 production facilities have been opened and are operating since 2011.

          And what have these productions gained? What have they arrived, and Vadik? As far as I remember, Rusnano came into profit only once, in 2014, and ONLY because of a jump in the dollar. But the size of bonuses at the management of RUSNANO is growing from year to year.
          1. Vadim237
            Vadim237 27 November 2019 19: 30
            -4
            At least 130 billion that they allocated the budget - they returned.
    2. cloud catcher
      cloud catcher 26 November 2019 15: 51
      +2
      ... in education, medicine, science !!
    3. kjhg
      kjhg 26 November 2019 15: 57
      +7
      Quote: Hunter 2
      About how - It turns out there is money and a lot! Well Duck and invest them in the real economy and not paper assets! Roads, Bridges, Factories, Army and Navy!
      Yes, and people can be helped, the same Child benefits, Childbirth payments for the Child, to redeem part of the mortgages from banks (at least for state employees).
      After all, there are competent economists and financiers in Russia!
      If the authorities read your comment, their reaction would be something like this "Blessed is he who believes, warmth to him in the world" lol No offense.
    4. A.K.
      A.K. 26 November 2019 16: 10
      +4
      The question immediately arises why only state employees and I am worse. Therefore, your theory is not applicable. To give everyone and everyone to raise salaries and pensions then the money runs out of these funds in two or three years, and people are already used to such incomes and the state has nothing to reap, and we get a social explosion. Especially smiled in this article about Kosyanov’s light hand, which he launched into these finances.
    5. Vadim237
      Vadim237 26 November 2019 17: 18
      -12
      So these funds will go to the May decrees - 13 trillion state and 13 trillion private investments for: infrastructure industry education science sport SC and so on.
      1. Karabin
        Karabin 26 November 2019 19: 37
        +11
        Quote: Vadim237
        So these funds will go to the May decrees

        What are you !? Finally, as a teacher, I will begin to receive a salary no lower than the average in the Novosibirsk Region. Less than 7 years from the May decrees - 2012. fellow
        1. Vadim237
          Vadim237 27 November 2019 19: 36
          -4
          In 2014, your salary and much more in the country were cut off by a crisis aggravated by sanctions and a trade war between the EU, the USA, Ukraine and Russia - here the May decrees of 2012 were covered in the same way and the rearmament of our Navy was hindered drastically. I hope that no crises will happen until 2024.
    6. businessv
      businessv 26 November 2019 19: 34
      +6
      Quote: Hunter 2
      Roads, Bridges, Factories, Army and Navy!

      Well yes! How can this be ?! After all, all this can improve our life! This is not for our silver carp managers, they need kickbacks and cuts today, and not when the plant starts to make a profit, and even then they don’t. Guess why on the so-called Are national projects looking for foreign investors? The answer to this question is intelligently given by our historians and economists O. Chetverikova, E. Spitsyn, N. Platoshkin, V. Katasonov and many others, but our government does not like it, to put it mildly.
    7. g1washntwn
      g1washntwn 27 November 2019 06: 44
      +3
      Quote: Hunter 2
      Roads, Bridges, Factories, Army and Navy ...

      All of the above does not give you quick profit. And currency speculation - yes.
      The entire world economy is a speculative model, not a commodity-money model. The conclusion where the money will be spent is, in my opinion, obvious. And the safety cushion is created with only one purpose - to save these very speculators and this "economic" model in the event of a "grandiose nix".
    8. aybolyt678
      aybolyt678 27 November 2019 08: 32
      0
      Quote: Hunter 2
      About how - It turns out there is money and a lot! Well Duck and invest them in the real economy and not paper assets! Roads, Bridges, Factories, Army and Navy!

      you, dear, have forgotten education and science ..
      1. 210ox
        210ox 27 November 2019 14: 54
        +1
        These directions are not popular ... It’s like in the USSR, the direction of the leaders in the Union of Artists worthless to the CX meant collapse. It’s unpopular because it’s not possible to make big money there (it’s not mining or what kind of money industry). Bribes from parents are small things to support the pants, although there are whole institutes overflowing from empty to empty. So with the current leaders they suck on a paw. Also medicine.
        1. aybolyt678
          aybolyt678 27 November 2019 14: 55
          0
          And what is the goal - money or development?
  3. knn54
    knn54 26 November 2019 15: 37
    +15
    The USSR was destroyed, but the "executors" (Chubais and others) remained. It seems that the scenario (only in relation to the Russian Federation) may repeat itself.
    1. Nitochkin
      Nitochkin 26 November 2019 17: 15
      +6
      Quote: knn54
      The USSR was destroyed, but the "executors" (Chubais and others) remained. It seems that the scenario (only in relation to the Russian Federation) may repeat itself.

      And there is. According to V.N. Matuzov, who saw from the inside how the collapse of the USSR happened, the mechanism laid down in the system for the collapse of the USSR, has not yet been opened and can be activated for the collapse of Russia.
  4. parusnik
    parusnik 26 November 2019 15: 44
    +6
    Keep money in a savings bank, if you certainly have it ... Transfer the money of the NWF to Sberbank, at a good percentage ... Grefushka will attach it ... laughing
  5. 7,62x54
    7,62x54 26 November 2019 16: 10
    +2
    Reserves do not belong to Russia. This is the money of the Ozersky guys. As they want, they will spend it, on cello, or on yachts. What do you care about the common fund.
    1. at84432384
      at84432384 26 November 2019 17: 31
      +4
      It's not even the money of the "lake guys". Everything is much worse - of the gold and foreign exchange reserves of Russia, only gold bullion belongs to, and even then, if it is stored on Russian territory. The currency belongs to the issuing bank and can be lost at any second. How this is done was shown by the Cypriot authorities several years ago. Now the authorities of England are demonstrating. But this is so, while sighting. And they can crash all at once. At the same time, Russia will simply be lost.
      1. Vadim237
        Vadim237 27 November 2019 19: 39
        -4
        First of all, those with accounts and real estate abroad will wipe off.
  6. awdrgy
    awdrgy 26 November 2019 16: 37
    +2
    They surely someone will gobble up the current I can not imagine how)
  7. fa2998
    fa2998 26 November 2019 16: 39
    +7
    Quote: 7,62x54
    Reserves do not belong to Russia. This is the money of the Ozersky guys. As they want, they will spend it, on cello, or on yachts. What do you care about the common fund.

    Now they will think of a super-duper project-tunnel, or they will come up with a bridge, allocate several trillion and will cut (master). We have terrible control (example "Eastern"), or controllers in a share. I think by 2024 most of all reserves will be spent. Of course they won't give it up, but it's better to cut it now, you never know what will happen! yes hi
    1. Vadim237
      Vadim237 27 November 2019 19: 42
      -3
      The bridge to Sakhalin is the next project - the bridge over the Lena in Yakutia was approved, all projects under construction now and planned before 2030 can be seen here https://ruxpert.ru
  8. BAI
    BAI 26 November 2019 17: 14
    +1
    Strict rules for the use of NFs were introduced because the Government, thank God, understands that otherwise they will instantly plunder. There is no other way.
  9. dgonni
    dgonni 26 November 2019 17: 19
    -1
    The question in the NWF funds is that. What collapsed the domestic market. If you pour it will be inflation. Moreover, wild. Nobody invests in science and technology.
    Something like this.
    1. Nyrobsky
      Nyrobsky 26 November 2019 23: 20
      +1
      Quote: dgonni
      The question in the NWF funds is that. What collapsed the domestic market. If you pour it will be inflation. Moreover, wild. Nobody invests in science and technology.
      Something like this.

      This is controversial. In the 90s, despite the fact that the domestic market collapsed, inflation in our country (without the infusions of the NWF of which there was no word at all) was with the prefix "hyper" and a great many people became "millionaires" receiving salaries in banknotes with many zeros. The matches cost 100 rubles per box.
      These babosy lie behind the hill in the proportion of dollar + euro at 45% and pounds sterling 10% and, by and large, are scrolled in the interests of countries holding such currencies, bringing us a conditional percentage of income and at the same time keeping their own economy on a starvation ration. Why is it impossible to credit one’s own business from the NWF funds at a conditional interest, for the implementation of the same infrastructure projects so that later they would return the same funds to the same NWF to remove excess money supply from circulation, after which there would remain a really working infrastructure? request
      1. at84432384
        at84432384 29 November 2019 15: 54
        +3
        This is even indisputable. The Russian authorities are faced with the task of hindering any economic growth, which they do very professionally. What is the expected budget surplus for this year? Three trillion? And to what extent have the so-called "national projects" been implemented? 40 to 60%. With this money, foreign currency will again be purchased (and at the same time the ruble rate will be lowered) and presented to the enemy. It was presented in the literal sense, because the money given in debt and unclaimed to be returned is a gift.
    2. Vadim237
      Vadim237 27 November 2019 19: 52
      -4
      In Russia, almost 700 billion rubles of private investment are allocated to them almost XNUMX billion rubles a year.
  10. Nikolai Korovin
    Nikolai Korovin 26 November 2019 17: 24
    -4
    An article from the "everything is lost" series. Meanwhile, if you look at GNP, and not by GDP, which is an indicator that characterizes not so much real economic power as turnover of funds, the situation is not so bad.

    Let’s see at least the electric power industry - in the very first approximation.
    In 1990, the installed capacity of power plants in the USSR was 344 million kW (in more current units, GW). For the RSFSR, a figure on the move somehow was not found.

    Electricity consumption in the RSFSR and the Russian Federation was as follows: 1990 - 1080 billion kWh, 1999 - 800 billion kWh, 2018 - 1120 kWh (figures are approximate, from a rather rough schedule on the Internet). Well, at least for 30 years of transformation, we not only overcame a drop in consumption by about 25% in 1999 compared to 1990, but also went ahead, exceeding the 1990 level by 3.7%, which is already good. The lack of electricity is not felt particularly strongly anywhere - the industry as a whole has recovered somewhat worse than the energy sector.
    But the dynamics of the installed capacity of power plants are encouraging. She is like this:
    1992 - 212 GW, 1994 - 215 GW (growth by inertia), 2000 - 213 GW (lack of growth, depreciation of funds), 2002 - 215 GW, 2004 - 217 GW, 2006 - 221 GW, 2008 - 225 GW. At 1.01. 2019 - 243 GW. That is, over the past 10 years there has been a good growth of 1.8% per year and, in general, some (so far moderate) approximation to the total capacity of power plants in the USSR. A slight lag in consumption growth from installed capacity indicates the work of the electric power industry with some underloading and the possibility of covering the needs of the real sector of the economy with its further growth.

    Well, and "the icing on the cake" - in October, Unit 7 of the Novovoronezh NPP with a VVER-1200 reactor of the latest generation "3+" (the third in the country of this class) was put into operation, which increased the power of this NPP by 3 times ... In total, there are 1,5 blocks in the country, so the event is very important.

    In addition, a number of somewhat smaller projects were completed during the fall, including the commissioning of the Sakhalin State District Power Station-2 with a capacity of 120 MW, which will cover a third of Sakhalin's electricity needs and support the Sakhalin State District Power Station operating since 1965. It should also be noted that the installed capacity of solar-powered power plants in Russia has finally fallen from zero and reached 200 MW. Not much, but not bad for a start.

    Well, and, of course, everyone remembers with an unkind word the canceled child allowance of 50 rubles, but somehow they forget that for families with modest incomes (up to 2 minimum wages) it will now be about 10 rubles. This is a very significant help to low-income families, who nevertheless decide to have a baby. Probably, one should not overestimate it excessively - after all, the amount is rather modest; but, probably, one should not ignore this fact and continue to push for the canceled 000 rubles.

    So - not everything is so bad, gentlemen, in this best of the worlds.
    1. Nikolai Korovin
      Nikolai Korovin 26 November 2019 20: 15
      +1
      I see that some people don’t like the statistics. In vain. This is an exact science. A normal economy can only be built on the basis of comprehensive statistics. And how on the basis of some, even the most kind wishes, well, surely some kind of crap turns out. The dried-up seas, in which thousands of poods of sturgeon were caught, black storms, where they were not born, corn was knee-high except at the Arctic Circle ... They dug holes - and there wasn’t any silo! Well, the cherry on the cake is a complete impoverishment instead of the announced unheard of abundance. If someone does not understand, the last is about the invisible hand of the market. Which itself will settle everything.
      1. Glory1974
        Glory1974 26 November 2019 22: 09
        +6
        I see that some people don’t like the statistics. In vain. This is an exact science.

        The statistics are accurate. But you do not take into account in your reasoning where electricity goes. I now know that Balakovo NPP sends 100% of the generated energy abroad. Similarly, hydropower plants located near the Chinese border send everything there.
        Thus, in our case, electricity is like oil and gas - energy that we juggle abroad at a price lower than the domestic market. A very dubious achievement in terms of restoring industrial production.
        1. Vasya Geologist
          Vasya Geologist 27 November 2019 15: 20
          +2
          Can you share where the information comes from? Otherwise, I found this on the Rosatom website: “Balakovo NPP is one of the largest and most modern energy enterprises in Russia, providing a quarter of electricity production in the Volga Federal District. , The Urals (76%) and Siberia (13%) "
          1. Glory1974
            Glory1974 27 November 2019 22: 03
            +1
            from an employee of a nuclear power plant.
    2. evgeniy.plotnikov.2019mail.ru
      evgeniy.plotnikov.2019mail.ru 29 November 2019 11: 55
      +1
      I liked your comment. You are looking for positive where it is very, very difficult to find. ..... The crap apartment is bitch, but there is a noah microwave and a great TV, bought, young, for my grandmother's pension. Eternally full and cheerful, and it would not help in any way. Black realtors are already in their apartment, the deceased grandfather earned, already on the floor. The family is doomed, although the fun is still going on .... It looks like this, in images,. The State of the Republic of Kazakhstan (,, Capitalist Russia ,,) - is a meaningless state. And all that is pointlessly close to destruction. This state, excuse me, is at the same time exploiting the resources of a self-sufficient, well-off country in Russia. Virtually nothing in return. Who needs it? To people? Heaven? This is how homo sapiens is characterized. But it is also suitable for separate states - neither to God - a candle nor to hell - a poker.
      The Russian Empire (RI) at the beginning of the XNUMXth century was larger in territory than the Republic of Kazakhstan. Had a stronger financial system (,, gold imperial ,,), had a stronger state government (availability of real officers, who had a real mission ... But, having lost the SENSE of existence, collapsed, as if it were a martial law.
      How to move away from, to r and p p about p and t, ,,? It is necessary to return the MEANING. So simple? Just for PEOPLE. But, after all, Olympus attracts not only people. There are enough ,, ordinary people. Ordinary servants of Darkness. Or are they, err,, or they, have stumbled,? ... Or - ,, with a m o ,,? Who was born not yesterday, he remembers how and with what the restoration of capitalism in Russia began ... With etm and how to be? ,, Whom God wants to punish - deprives the mind ,,. They don’t see anything, they don’t hear, they don’t understand the essence of what is happening. They continue to do so.
  11. sniperino
    sniperino 26 November 2019 17: 46
    +6
    it would seem that Russia is now earning on hydrocarbons, or rather, on favorable conditions in the oil and gas market, can only be considered crazy
    And the fact that oil cost 133.90 in July 2008 and 64.57 in October 2019 is a hallucination ?! Doctor, what was they taking? And further. Market conditions used to be created without us. Now is another time. Or is HSE teaching that this is the hand of the market?
  12. Fevralsk. Morev
    Fevralsk. Morev 26 November 2019 18: 09
    +6
    With a determined face, Medvedev decisively signed a decisive law. Well, right now we’ll heal.
  13. igorra
    igorra 26 November 2019 18: 22
    +6
    Quote: Aerodrome
    Quote: 210ox
    This is not only irony. This is a bitter irony .. hi


    Not Agnia Barto, but Mikhail Yudovsky in 2009. In our country, people who are misleading by ignorance are called ignoramuses, and especially - pederasts ...
  14. Ryaruav
    Ryaruav 26 November 2019 21: 36
    +5
    where it is seen where it is heard Vova decides and Dima gives ha
  15. Berkut24
    Berkut24 26 November 2019 22: 11
    +4
    Especially intrusive were the tips to invest honestly earned money in reliable and highly liquid assets.

    As with Buratino: "Bury your money" on the field of Miracles in the country of Fools.
  16. depressant
    depressant 27 November 2019 00: 12
    +2
    First of all. The presented schedule of the National Wealth Fund raises questions. Last year, the Fund had just over 6 trillion rubles, which is less than 7% of GDP. This year already by this moment - more than 8 trillion. Which amounted to more than 7% of GDP, namely the same 7,3%. But the graph shows the decrease in the fund compared to last year. Is the schedule wrong? Or have you already started investing? No, we didn't. State investments from the "surplus", that is, from 0,3% of the NWF, will be made over the next three years. Approximately 100 billion rubles a year. Next year, if I'm not mistaken, 112 billion. Of course, something will go to the social sector. The shameful 50 rubles per child were canceled, they will pay more and targeted. Well, it is, by the way.

    Secondly. Yes, there is no queue for receiving investments. After all, the state offers them under nat. projects, namely: infrastructure. Roads, bridges, junctions, tunnels. In particular, the new Moscow ring road, it has already begun, but has died out without investment. Maybe something else, but it's not clear yet. Which of the rich will add their money to state investments for the construction of roads in a foreign, unloved and even hostile country for them? With a dubious possibility of making a profit and a real one - a prison term, as it was and continues in the case of the Vostochny cosmodrome. Either they understand that they cannot resist stealing and will be caught; or they consider drawing themselves, angels, into the investment process as a way of purposefully forming criminal cases against them, followed by imprisonment and confiscation. After all, only those who did not even walk past are not to blame. Oligarchs are anyone, but not (an offensive word forbidden in VO, characterizing the mental capabilities of a person).
    Remains Rottenberg. But something and nothing comes from him. And the rest of the president's "friends" are not happy with the projects either - they are afraid!
    China? Hardly. China builds infrastructure only on the territory that it takes control tightly. In Naberezhnye Chelny, the city built a road to a Chinese plant with Russian investments.
    In short, at least something will be built by someone. At least a bridge over the Lena.
  17. kosovvskiy
    kosovvskiy 27 November 2019 01: 59
    +4
    Quote: Hunter 2
    About how - It turns out there is money and a lot! Well Duck and invest them in the real economy and not paper assets! Roads, Bridges, Factories, Army and Navy!
    Yes, and people can be helped, the same Child benefits, Childbirth payments for the Child, to redeem part of the mortgages from banks (at least for state employees).
    After all, there are competent economists and financiers in Russia!


    I recall a joke.
    "Kudrin is walking along an underground passage, and there the old woman asks for alms.
    - Son, give a ruble for bread ...
    - Mother, I would give more, but you will pass. "

    Somehow our top financiers think so.
  18. Million
    Million 27 November 2019 08: 37
    +4
    How Russia will spend reserves

    How Russian leaders will spend reserves. These are different concepts.
  19. Mazai
    Mazai 27 November 2019 14: 01
    +4
    If the IMF so arrogantly creeps with the advice in Ros. economy, then they rely on the understanding and assistance of certain people in the government. Otherwise, why is verbiage?
  20. zenitovets
    zenitovets 28 November 2019 14: 01
    0
    And this is not the IMF’s business — where Russia will spend its money! The IMF has not yet helped any country, so let them not stick their nose - we’ll chop it off!
  21. Fevralsk. Morev
    Fevralsk. Morev 30 November 2019 02: 29
    +2
    Quote: Vadim237
    In 2014, your salary and much more in the country were cut off by a crisis aggravated by sanctions and a trade war between the EU, the USA, Ukraine and Russia - these are the May decrees of 2012

    Do you know what stops a bad dancer? Remember, Stalin got a country with a wooden plow after two wars. And during the reign there was a global crisis. Did this prevent you from building several THOUSAND enterprises and creating 11 million jobs in 19 years? No. The country was at war (Hasan, Khalkhin-Gol, Finnish, aid to China, Spain) And what prevents Putin, having a Soviet foundation, to achieve results? The answer is a lack of desire to create well-being for your people and an irrepressible desire to create well-being for your friends. And the IMF has nothing to do with it. And what about the May decrees, it was a scam, with the aim of once again deceiving the people. Take away tax receipts from the regions and push the execution of decrees onto the governors. And then with a menacing look, on the TV, ask "Why are the decrees not being carried out?" Here, they say, the boyars are bad, they do not want to improve the life of the people. Cheap populism. And now it doesn't work.
  22. Denis812
    Denis812 2 September 2021 16: 52
    0
    It seems that people really think of state money as money of a private person.
    Like, now I have some loot - is it really a problem to spend it? I'll go buy a new TV set or pay off my mortgage. Well, by analogy, they think that the state can also do it. Go and build a road Kaliningrad - Vladivostok. For example. Or build another 100500 frigates.
    PPC, stupid people.