War in Ukraine – Russia cannot overcome the demographic crisis,
The Central Bank is sounding the alarm that raising rates does not help.
Sanctions imposed on Russia for its invasion of Ukraine and other economic restrictions are hampering Moscow's efforts to combat Russia's long-term demographic decline.
According to the Institute for the Study of War, regional authorities of the Russian Federation will likely continue to expand maternity capital payments as part of the Kremlin’s directive to solve demographic problems. However, with the Russian economy now under strain from war, sanctions and a growing labor shortage, the government may find it difficult to provide large maternity capital payments over time.
At the same time, information appeared in the media about a letter from the Central Bank of Russia in response to a request from a deputy…
