Олег Вьюгин: «Горькие пилюли Банка России»

We spoke with Oleg Vyugin, former First Deputy Minister of Finance of the Russian Federation and First Deputy Chairman of the Central Bank of the Russian Federation, and Professor at the National Research University Higher School of Economics, about the budget's "harmful" activity for the economy, the brazenness of our state-owned companies in capturing private business positions, our main mistake of recent years, and oligopoly as the country's near future. Timecodes: 00:00. Start 02:00. The worst expectations for the economy have not yet come true 03:50. The Central Bank has been forced to administer bitter pills to the economy, while the Ministry of Finance has been forced to administer sweet ones 05:30. Military spending is distorting our economy and our budget 07:30. The key rate today is generally "soft" 11:30. Fewer new companies are entering the market, while more old ones are leaving 14:00. The budget is not abandoning "harmful" activity in the economy 15:30. The focus is on "whitewashing" business, otherwise we'll have to raise taxes again. 4:30 PM. Tax increases drive investment into the negative. 7:30 PM. Russia's immediate future is oligopoly. 9:30 PM. We have no ideology, but we have an aggressive business, including state-owned companies. 10:30 PM. The state-owned company's attack on private business is a deterioration in our future. 11:00 PM. Our key problem is the increasing diversion of resources to the SVO. 12:00 PM. The growing primacy of politics over economics is the main mistake of recent years. 13:00 PM. The legitimacy of private property has never become public property. 15:00 PM. Since the 2010s, the needs for developing productive forces have not matched the quality of governance. 17:00 PM. In Russia, politics rules the economy. 19:00 PM. If new funds need to be extracted from businesses or the population, they will be extracted. 19:00 PM. Freezing deposits is possible, but it would be a political and ineffective decision. 49:00. The actions of the financial and economic bloc are generally sound. 50:00. For political reasons, the Ministry of Finance must constantly maneuver today.