Vadim Vinogradov, the Dean of the Faculty of Law at the Higher School of Economics, spoke with the agency Hit the primer about the distribution of social benefits. He noted that most benefits were directed to low income citizens, including allowances tied to bank deposits.
According to Vinogradov, the process for allocating a single benefit and a low income benefit considers the entire income profile of a person. Subsidies for housing and utilities are likewise targeted at those with lower incomes.
Vinogradov explained that the deposit size in a bank should not exceed ten regional subsistence minimums, and the interest earned on the deposit should not surpass one subsistence minimum. If these thresholds are exceeded, the corresponding benefits may be withdrawn.
Vladimir Grigoriev, a finance expert and candidate of economic sciences, commented on investment prospects for Russians in 2024. He suggested that gold and the US dollar would be among the most advantageous options for investment during that year.
Another analyst described the 2024 outlook for the ruble exchange rate and what might influence it throughout the year.