Analyzing the conditions of the current Russian market development

Abstract

Subject. The article addresses the specifics of Russia's monetary policy in the context of international sanctions. Objectives. The aim is to analyze the relationship between the key indicators of the Russian financial system development. Methods. The study rests on methods of statistical, neural network, and cluster analysis. Results. The paper recorded an excess of the growth rate of cash incomes on average per capita over the growth rate of real money income. The decrease in the share of federal budget revenues in the consolidated budget and the growth of the corresponding share of expenditures necessitate an increase in federal taxes. Conclusions. In critical conditions, it is required to reduce the pressure of federal taxes on the economy and increase real money incomes of the population.