NewzIntel.com

Category: Russia

  • MIL-OSI Russia: A competition for reconstruction projects of the theater “Grandfather Durov’s Corner” has been announced

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The Moscow Committee for Architecture announced contest for the reconstruction of the complex of buildings of the theater “Grandfather Durov’s Corner”. The building with a small stage and a museum, which is a cultural heritage site, will be restored, its historical appearance will be preserved. This was reported by the chief architect of the capital, first deputy chairman of the Committee for Architecture and Urban Development Sergey Kuznetsov.

    “Due to the fact that the main building is not only a cultural heritage site, but also an important landmark for Muscovites, it was decided to select the best architectural concept for the new theater facilities through an architectural competition. Currently, the theater does not meet modern requirements either technically or functionally. The competitors will have to develop a unique proposal, within the framework of which the existing complex of buildings will be modernized. We invite leading Moscow bureaus with experience in working with cultural heritage sites, reconstruction and restoration of varying complexity to participate,” Sergei Kuznetsov specified.

    The reconstruction project will affect building 2, buildings 1 and 2, building 4, buildings 1 and 2, and building 4, block 2 on Durov Street. One of the theater buildings is an architectural monument of regional significance. This is an old mansion built by the Austrian architect August Weber in 1894, where the theater founder Vladimir Durov lived and worked from 1908.

     

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/145601073/

    MIL OSI Russia News –

  • MIL-OSI Russia: The city has provided over 10 hectares of land for the implementation of large-scale investment projects in the South-East Administrative District

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Since the beginning of the year, the city has transferred seven land plots in the southeast of the capital to investors and developers as part of the implementation of large-scale investment projects (MaIP). This was reported by Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The city has allocated to investors for lease without bidding almost 10.7 hectares of land in the territory of the South-Eastern Administrative District for the construction of industrial, educational, commercial and other facilities as part of the implementation of large-scale investment projects. The contracts have been concluded for five years, during which the construction of real estate with a total area of almost 170 thousand square meters should be completed,” said Vladimir Efimov.

    A large-scale investment project is a special status. It can be obtained, for example, by production complexes, innovation centers, social institutions, transport, sports, business and other facilities. For their construction, land plots are leased without bidding.

    “Large-scale investment projects are one of the most popular measures to support industrial construction. Since 2022, in accordance with the order of Sergei Sobyanin, the city provides land plots at a preferential rental rate of one ruble per year. Thus, in May 2024, an investor was allocated more than 0.9 hectares for the construction of an industrial technology park with an area of over 13 thousand square meters in the Lyublino district,” said the Deputy Mayor of Moscow for Transport and Industry

    Maxim Liksutov.

    The implementation of the MaIP allows for the creation of jobs for city residents and contributes to the development of the capital’s infrastructure.

    As the Minister of the Moscow Government, head of the capital’s Department of City Property added Maxim Gaman, almost 0.5 hectares of land has been allocated near the Tekstilshchiki metro station for the construction of a shopping and entertainment center (SEC). Its area will be up to 7.9 thousand square meters. It can accommodate offices, shops, a cinema, cafes, restaurants and other facilities. The new SEC will become another attractive place for residents of the area.

    Earlier Sergei Sobyanin told, that for the implementation of MAIP, about 220 hectares of land have been provided to investors since the beginning of the year. This is almost twice as much as for the same period in 2023.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.mos.ru/nevs/item/145590073/

    MIL OSI Russia News –

  • MIL-OSI Russia: The capital’s courtyards were improved taking into account the wishes of city residents

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The specialists of the city economy complex have improved about 1.7 thousand courtyards. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “This year, 1.7 thousand courtyards were put in order, the asphalt covering of pedestrian paths and driveways was renewed, and parking lots were arranged. An important final stage of improvement is landscaping; lawns and flower beds were laid out during the work,” said Pyotr Biryukov.

    All improvement projects were developed taking into account the suggestions and wishes of city residents. Thus, small architectural forms are changed or installed, and residents can take part in choosing their design.

    “If there is the necessary space, it is possible to install swings and gazebos. We repair children’s and sports grounds, replace their surfaces and equipment. Particular attention is paid to the modernization of the lighting system – we install lanterns and street lamps with energy-saving lamps,” added Petr Biryukov.

    At the request of residents and if the necessary conditions are available, a place for walking pets can be allocated in the courtyards.

    More than 24 thousand capital courtyards have already been put in order in accordance with the developed standard. It implies equipping them with the necessary infrastructure for recreation and sports, high-quality lighting, and landscaping of territories.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.mos.ru/nevs/item/145616073/

    MIL OSI Russia News –

  • MIL-OSI Russia: The number of tourists from foreign countries has increased by 70 percent in Moscow

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    More than a million foreign tourists visited Moscow in the first half of 2024. The Russian capital is chosen for business trips, gastronomic discoveries, and vacations with family and friends. The city attracts travelers with its architectural heritage, culture, pedestrian streets and embankments, parks, numerous cafes and restaurants, and a diverse event program.

    “In six months, the tourist flow to Moscow from foreign countries has grown by 70 percent compared to the same period in 2023. The leaders in the number of guests were China, Turkey, India and the countries of the Asia-Pacific region,” she said.

    Natalia Sergunina, Deputy Mayor of Moscow.

    China ranks first in the number of tourists among non-CIS countries — about 190 thousand visits. This is 2.4 times more than in the first two quarters of last year. Turkey is in second place (35.2 thousand trips), and India is in third place (28.5 thousand trips).

    The number of travelers from the Asia-Pacific region and Latin America has doubled — 260.6 thousand and 17.2 thousand people, respectively. There have been more guests from Vietnam: from January to June of this year, Moscow was visited by 16.6 thousand people.

    In addition, Moscow is seeing an increase in business travelers, with 40 percent of them later returning to the capital for family vacations. The city is introducing business travel industry representatives to opportunities to organize large-scale events. For example, in April this year, the Shaping MICE Future conference was held, which brought together over 100 participants from India and Russia. In June, the first BRICS tourism forum was held. It was attended by delegations from Brazil, Egypt, India, Iran, China, the United Arab Emirates, Ethiopia, and the Republic of South Africa.

    In addition, there is an online certification program called Moscow MICE Ambassadors. During the training courses, industry representatives from India can learn about the stages of planning and organizing events in the capital.

    In 2023, the foreign tourist flow to the Russian capital amounted to 2.3 million people. To strengthen international ties, the city participates in major specialized exhibitions, organizes business missions, as well as projects and events aimed at domestic and foreign audiences.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/145593073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Technical center, laboratories and stadium: a large school was built in the Vnukovo area

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The construction of a comprehensive school has been completed in the Vnukovo district. The investor erected the building as part of a residential complex at 8a Letchika Gritsevtsa Street. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “In the Vnukovo district of TiNAO, construction of a school with an area of 19.5 thousand square meters has been completed. It is designed for a thousand students. The three-story building includes elementary and secondary school blocks, as well as a sports block. In the future, the school will be transferred to the city education system,” said Vladimir Efimov.

    The building has all the conditions for comfortable learning for young Muscovites. It is equipped with laboratory and research complexes, rooms for musical and artistic creativity, a medical block, psychologist’s and speech therapist’s offices, as well as a dining hall.

    “The building provides for zoning of the educational space with the placement of the elementary school block separately from the premises of the secondary school. The main entrance is located in such a way that the flows of junior and senior classes do not intersect. The interest of students in their studies will be supported by a multi-light multifunctional space on the second floor with a stage, an artistic, technical center, as well as sports halls and a media library,” added the Minister of the Government of Moscow, Head of the Department of Urban Development Policy of the City of Moscow

    Vladislav Ovchinsky.

    The school courtyard has been equipped with areas for ceremonial events and active games, a stadium, recreation areas and outdoor activities.

    The permit for the commissioning of the school was issued by the Moscow State Construction Supervision Authority. As the chairman of the agency noted Anton Slobodchikov, the school was built on a land plot of almost 2.2 hectares. The building has universal and specialized classrooms. The entire construction cycle was supervised by the committee’s inspectors. Since the start of the work, nine inspections have been conducted, and based on the results of the final inspection, a conclusion was drawn up on the compliance of the facility with the design documentation, after which the school was put into operation.

    All schools and kindergartens being built in TiNAO fully comply with the quality and equipment standards applicable to educational institutions in the capital. According to the head of the Department for the Development of New Territories of the City of Moscow Vladimir Zhidkin, designers are faced with the task of creating premises that are not only convenient for the educational process, but also adapted for scientific and creative activities, and the comprehensive development of students. The emphasis is on modern technical equipment, functionality, spaciousness, and safety. Since the beginning of 2024, more than 20 educational facilities have already been built and opened in TiNAO.

    Earlier Sergei Sobyanin reported, that since the beginning of 2024, 63 social facilities have been built in Moscow.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/145589073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Developers can apply for residency in Russia’s first video game and animation cluster

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Until November 30, Moscow animation studios and video game development companies will be able to apply for residency in Russia’s first video game and animation cluster. Agreements will be concluded after the second stage of selection in the first half of 2025. This was reported by the Minister of the Moscow Government, head of the Moscow Department of Culture Alexey Fursin.

    “We are announcing the start of the first stage of accepting applications for residency in the first video game and animation cluster in Russia. The participant status will provide an opportunity to place a company office on the territory of the cluster and, using the provided equipment, create new video game and animation products of any complexity. Working in such conditions will help individual specialists and companies develop their projects and the Russian gaming industry,” noted Alexey Fursin.

    Earlier, more than 40 companies expressed their desire to become residents of the cluster. This status will make it possible to place an office of no more than 500 square meters on its territory, as well as use modern infrastructure and advanced equipment that allows creating video game and animation products of any complexity.

    You can submit an application on the website Creative Industries Agencies (CIA)At the beginning of 2025, the expert council will hold a second round of selection and determine the companies that will receive residency.

    Candidates must have the status of an individual entrepreneur or a legal entity registered in Moscow. In addition, they must have at least one completed video game or animation product in their professional portfolio, as well as another project in the development stage.

    The country’s first video game and animation cluster will be located in the Stratos business center on Nikola Tesla Street. The operator is the Agency for Creative Industries. The cluster will cover about 40,000 square meters. In addition to office space, coworking, and exhibition halls, Stratos will house technological infrastructure for creating video games and animation.

    With the help of a motion capture studio, it will be possible to create realistic characters: record the movements of actors or animals and transform them into high-quality digital images or animation.

    The recording studio will record background sounds, music and soundtracks for video games and animated films, as well as voice their characters.

    A cinema hall with high-resolution screens is provided for viewing and adjusting finished materials. They will provide the precise color rendering necessary for working on videos. A technically equipped lecture hall with a modular system is provided for holding lectures, training sessions and other events.

    The conference hall and exhibition area will host business and creative events, exhibitions and presentations. Companies will be able to demonstrate their developments to visitors. There are several meeting rooms in the cluster for business meetings.

    The residents of the cluster will be beginning and experienced Russian development companies and animation studios. The platform will cover all areas of the industry – from training to support for Moscow specialists in export activities. Residents will have access to professional high-tech equipment, as well as participate in international exhibitions, accelerators, lectures and master classes.

    The cluster is expected to become a center of attraction for talented developers from all over the country and open up new opportunities for the development of the creative industry. The support measures provided by the city will help to consolidate Moscow’s position among the leaders in the field of video game and animation creation.

    Since 2023, the Moscow Agency for Creative Industries has been actively supporting the video game industry. This year, the Moscow Agency for Creative Industries launched the Video Game Factory accelerator, whose participants refine their ideas and then present them to investors. The most successful of them are distributed on the largest gaming platforms in Russia and the world. The first stream has already ended with the creation of 20 unique projects, and there are two more streams ahead.

    Over 25 projects and cooperation with 70 countries: results of 2023 in the creative industries

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.mos.ru/nevs/item/145603073/

    MIL OSI Russia News –

  • MIL-OSI Russia: The delegation of SPbGASU took part in the program “Voice of the generation. Vice-rectors teachers”

    Translation. Region: Russian Federation –

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – The SPbGASU team exchanges experience with colleagues from other universities

    From October 12 to 15, the fourth stream of the program “Voice of the Generation. Vice-Rectors and Teachers” was held in Pyatigorsk at the Mashuk Knowledge Center. Representatives of our university took part in the program: Vice-Rector for Youth Policy Marina Malyutina, Deputy Deans for Educational Work Anna Tsarenko (Faculty of Civil Engineering), Daria Kulakova (Faculty of Environmental Engineering and Urban Management), Daria Boytsova (Faculty of Architecture), and curators of academic groups Sergey Lanko and Mikhail Timokhin.

    “Voice of the Generation. Vice-Rectors and Teachers” is an educational project of the Federal Agency for Youth Affairs with the support of the Ministry of Science and Higher Education of the Russian Federation.

    The goal of the program is to provide information on current trends in youth policy, methods of working with students, and to improve the skills of specialists involved in educational work at universities.

    In her welcoming speech to the participants of the program, Deputy Minister of Science and Higher Education of Russia Olga Petrova emphasized that one of the main tasks in educating young people and forming healthy life values in them is to involve students in active social life, starting from university.

    Advisor to the head of the Federal Agency for Youth Affairs Madeleine Baturina emphasized the need to form a unified system for raising children and young people by involving them in special projects of the “Youth of Russia” platform within the framework of the national project “Youth and Children”.

    The four days of the programme were very intense: they included lectures by experts in the field of educational work and youth policy, business games and immersion games with subsequent reflection, a quiz and an immersive performance.

    The program topics were:

    education and law; mentoring in education; the influence of the student’s personal position on strengthening traditional Russian values; educational environment; the teacher is the strategic capital of the state.

    Particular attention was paid to the structure and content of university educational programs, methods that allow developing not a formal document, but an effective strategy for working with young people.

    In addition to getting acquainted with the current content of youth policy and modern approaches to it, representatives of SPbGASU exchanged experiences with colleagues from other universities.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: HSE Graduate School of Economics Wins ESG Excellence Award

    Translation. Region: Russian Federation –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    ESG Excellence Award is an annual award for achievements in the field of sustainable development and ESG that have significant social effects. Among the laureates and nominees of the award are the largest Russian companies – leaders of the ESG agenda, as well as companies and organizations that have made a tangible contribution to the sustainable development of the Russian economy and society.

    The HSE project to prepare globally competitive and socially responsible business leaders for the digital economy, possessing professional competencies in the field of sustainable development and ESG, received well-deserved recognition from the jury of the award. The project is being implemented jointly by representatives of the academic, professional and business communities, in particular, at the international level the partners are PRME, NBS Sustainability Centres Community; at the national level – the National ESG Alliance, SBER, the Agency for Strategic Initiatives, the Bank of Russia, Polyus, Norilsk Nickel, RUSAL, SIBUR, Rosatom, X5 Group, KEPT, E Change, YouSocial and other representatives of Russian business.

    The main objectives of the project are:

    Creation of innovative academic disciplines covering the main aspects of sustainable development, ESG and digital technologies, and development of a modern educational and methodological complex with a focus on problem-based learning; Implementation of project-based learning through the implementation of applied projects from customers from the professional and business community, organization of internships and practices in companies integrating the principles of sustainable development and ESG into their activities; Development of a culture of responsible behavior and management within the HSB to develop leadership qualities and management skills of students and graduates aimed at cultural and social change; Conducting applied scientific research in the field of sustainable development and ESG, contributing to the identification of best practices and new approaches with the involvement of students and graduates.

    We congratulate our colleagues on their victory and wish them further success!

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: One loan in one hand – the Central Bank of the Russian Federation will take MFIs seriously

    Translation. Region: Russian Federation –

    Source: Mainfin Bank –

    How will the Central Bank of the Russian Federation combat Russians’ indebtedness?

    The high level of debt burden of Russians is one of the problems that the regulator has been struggling with for several years, systematically tightening requirements and introducing restrictions for credit institutionsNow the Central Bank of the Russian Federation proposes to establish protective measures for clients MFO:

    the rule of issuing one will apply loan – it will not be possible to draw up a second agreement with an MFI before the first one is executed; the regulator will establish a cooling-off period – three days must pass after the return of one loan and before a new agreement is concluded; the amount of overpayment on microloans will be reduced from 130 to 100% of the original amount.

    “The key goal of the restrictions is to eliminate excessive indebtedness of the population, since most MFI clients have several loans at once, which leads to an increased burden and difficulties in fulfilling obligations,” the expert believes.

    The innovations are planned to be implemented as part of the reform of the industry – the Central Bank of the Russian Federation believes that the development of bills, their adoption and entry into force will take up to three years.

    What innovations await the microfinance organizations market?

    The Bank of Russia not only limits MFI borrowers, but also plans to streamline the microfinance services market – information about the upcoming changes appeared in August 2024. Thus, the regulator wants to divide MFIs into three groups:

    companies operating exclusively in the business segment – with entrepreneurs, legal entities, self-employed citizens; microfinance organizations issuing loans, the cost of which does not exceed 100% per annum; organizations that have received the right to provide loans at a rate exceeding 100%.

    Depending on the group they belong to, the Central Bank will set requirements for the capital of companies – microfinance organizations with increased risks will have to confirm their stability with a sufficient reserve of funds.

    16:30 10/22/2024

    Source:

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://mainfin.ru/news/one-loan-in-one-hands-the Central Bank of the Russian Federation-will-seriously-take-up-MFO

    MIL OSI Russia News –

  • MIL-OSI Russia: Dmitry Patrushev got acquainted with the progress of construction of plants for energy waste utilization

    Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Dmitry Patrushev got acquainted with the progress of construction of the Svistyagino waste energy recycling plant

    October 22, 2024

    Dmitry Patrushev got acquainted with the progress of construction of the Svistyagino waste energy utilization plant

    October 22, 2024

    Svistyagino Waste to Energy Utilization Plant

    October 22, 2024

    Svistyagino Waste to Energy Utilization Plant

    October 22, 2024

    Svistyagino Waste to Energy Utilization Plant

    October 22, 2024

    Svistyagino Waste to Energy Utilization Plant

    October 22, 2024

    Svistyagino Waste to Energy Utilization Plant

    October 22, 2024

    Svistyagino Waste to Energy Utilization Plant

    October 22, 2024

    Previous news Next news

    Dmitry Patrushev got acquainted with the progress of construction of the Svistyagino waste energy recycling plant

    During a working visit to the Moscow Region, Deputy Prime Minister Dmitry Patrushev familiarized himself with the progress of construction work at two waste-to-energy recycling plants – Timokhovo and Svistyagino.

    The construction readiness of the Svistyagino plant is 92%. It is planned to put it into operation this year. The launch dates of the energy waste recycling plants have been repeatedly postponed, and, as the Deputy Prime Minister noted, it is necessary to sort out all the problems preventing their commissioning, and to prevent another change in the deadlines.

    The company “RT-Invest” is implementing projects for the construction of plants for the energy utilization of solid municipal waste.

    “Five enterprises with a total capacity of over 3 million tons are being built in the Moscow Region and the Republic of Tatarstan. The total investment volume is 188 billion rubles. The government provided state support to the projects,” Dmitry Patrushev emphasized.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Dmitry Patrushev assessed the pace of implementation of projects within the framework of the “Wastewater Treatment Facilities” incident

    MILES AXLE Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Dmitry Patrushev assessed the progress of construction and reconstruction of treatment facilities in the Yaroslavl region within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Dmitry Patrushev assessed the progress of construction and reconstruction of treatment facilities in the Yaroslavl region within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Dmitry Patrushev assessed the progress of construction and reconstruction of treatment facilities in the Yaroslavl region within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Dmitry Patrushev assessed the progress of construction and reconstruction of treatment facilities in the Yaroslavl region within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Dmitry Patrushev assessed the progress of construction and reconstruction of treatment facilities in the Yaroslavl region within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Dmitry Patrushev assessed the progress of construction and reconstruction of treatment facilities in the Yaroslavl region within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Construction and reconstruction of treatment facilities in the Yaroslavl region within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Construction and reconstruction of treatment facilities in the Yaroslavl region within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Dmitry Patrushev held an off-site meeting in Tver dedicated to the implementation of instructions within the framework of the “Wastewater Treatment Facilities” incident

    October 18, 2024

    Dmitry Patrushev held an off-site meeting in Tver dedicated to the implementation of instructions within the framework of the “Wastewater Treatment Facilities” incident

    October 18, 2024

    Dmitry Patrushev held an off-site meeting in Tver dedicated to the implementation of instructions within the framework of the “Wastewater Treatment Facilities” incident

    October 18, 2024

    Dmitry Patrushev held a visiting meeting in Tver dedicated to the implementation of instructions within the framework of the “Wastewater Treatment Facilities” incident. Governor of the Tver Region Igor Rudenya

    October 18, 2024

    Dmitry Patrushev visited a number of sites of the federal project “Volga Recovery” in Tver

    October 18, 2024

    Dmitry Patrushev visited a number of sites of the federal project “Volga Recovery” in Tver

    October 18, 2024

    Dmitry Patrushev visited a number of sites of the federal project “Volga Recovery” in Tver

    October 18, 2024

    Reconstruction of the biological treatment unit of the city wastewater treatment plant in Tver within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Reconstruction of the biological treatment unit of the city wastewater treatment plant in Tver within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Reconstruction of the biological treatment unit of the city wastewater treatment plant in Tver within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Reconstruction of the biological treatment unit of the city wastewater treatment plant in Tver within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Reconstruction of the biological treatment unit of the city wastewater treatment plant in Tver within the framework of the federal project “Volga Recovery”

    October 18, 2024

    Previous news Next news

    Dmitry Patrushev assessed the progress of construction and reconstruction of treatment facilities in the Yaroslavl region within the framework of the federal project “Volga Recovery”

    Deputy Prime Minister Dmitry Patrushev made a working visit to the Yaroslavl and Tver regions, during which he assessed the progress of construction and reconstruction of city treatment facilities and held an off-site meeting dedicated to the implementation of instructions within the framework of the “Treatment Facilities” incident. The event, which took place in Tver, was attended by the heads of the Ministry of Natural Resources, the Ministry of Construction, Rosprirodnadzor, Glavgosexpertiza, State Duma deputies, representatives of the Prosecutor General’s Office, as well as regional executive authorities.

    Opening the meeting, Dmitry Patrushev drew attention to the lack of noticeable positive dynamics in the construction and reconstruction of a number of treatment facilities in the Yaroslavl and Tver regions. This may have a negative impact on achieving the target indicators of the national project “Ecology”. “Treatment facilities in Rostov and Tver require our special attention. That is, construction work may be completed by the end of the year, but the facilities will only start operating in the second half of next year. And this is a possible failure to achieve the target indicators of the national project “Ecology”. In Yaroslavl, where I also visited, work on the facility was completed last year, but the treatment facilities still do not meet the standards. Thus, the picture is not the most impressive. I really hope that after our meeting today it will really begin to change,” the Deputy Prime Minister said.

    Speaking about the general tasks within the framework of the incident, Dmitry Patrushev noted that in general, schedules have been approved for almost all objects. “In fact, for the subjects, “road maps” are step-by-step instructions for further actions. At the regional level, headquarters should be fully operational, which will monitor the implementation of deadlines on a daily basis,” Dmitry Patrushev emphasized.

    Summing up the meeting, the Deputy Prime Minister particularly noted that the most important task of the subjects at present is to fully organize the work of regional headquarters under the leadership of governors so that they become an effective mechanism for monitoring and solving problems on the ground. “I remind you that when assessing the overall performance of regional leaders, an indicator characterizing the quality of the environment is taken into account. The efficiency of construction and reconstruction of treatment facilities is one of the priorities for governors. This is a responsibility to the leadership of our country. And most importantly – to the residents of your regions. Do not forget about this,” the Deputy Prime Minister said.

    During his working visit, Dmitry Patrushev visited a number of sites of the federal project “Volga Recovery”. Thus, in the Yaroslavl Region, the Deputy Prime Minister assessed the results of the reconstruction of the sewage treatment facilities of Yaroslavl and the progress of the construction of the treatment facilities of Rostov. In Tver, Dmitry Patrushev was acquainted with the progress of the reconstruction of the biological treatment unit of the city’s treatment facilities.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://government.ru/nevs/53045/

    MIL OSI Russia News –

  • MIL-OSI Russia: IMF Executive Board Completes the Fifth Review of the Extended Fund Facility Arrangement for Ukraine

    Source: IMF – News in Russian

    October 18, 2024

    • The IMF Board today completed the Fifth Review of the extended arrangement under the Extended Fund Facility (EFF) for Ukraine, enabling a disbursement of about US$1.1 billion (SDR 834.9 million) to Ukraine, which will be channeled for budget support.
    • Ukraine’s economy remains resilient, and performance remains strong under the EFF despite challenging conditions. The authorities met all end-June quantitative performance criteria and completed four structural benchmarks.
    • Sustained reform momentum, domestic revenue mobilization, and timely disbursement of external support are necessary to safeguard macroeconomic stability, restore fiscal and debt sustainability, and enhance institutional reforms.

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) today completed the Fifth Review of the EFF arrangement for Ukraine, enabling the authorities to draw US$1.1 billion (SDR 834.9), which will be channeled for budget support. This will bring the total disbursements under the IMF-supported program to US$8.7 billion.

    Ukraine’s 48-month EFF arrangement, with access of SDR 11.6 billion (equivalent to US$15.5 billion, or about 577 percent of quota), was approved on March 31, 2023, and forms part of a US$151.4 billion support package for Ukraine. The authorities’ IMF-supported program helps anchor policies that sustain fiscal, external, and macro-financial stability at a time of exceptionally high uncertainty. The EFF aims to support the economic recovery, enhance governance, and strengthen institutions with the aim of promoting long-term growth in the context of reconstruction and Ukraine’s path to EU accession.

    All end-June and continuous quantitative performance criteria and indicative targets were met. The authorities have implemented prior action for the review, and completed structural benchmarks relating to tax privileges, public companies affected by the war, customs reform and public investment management, underscoring their continuing commitment to an ambitious reform agenda. Two structural benchmarks have been reset to allow more time for completion of the reform.

    The economy was more resilient than expected in the first half of 2024, with continued growth, moderate inflation, and adequate reserves bolstered by continued sizeable external support. Nevertheless, the outlook for the remainder of the year and 2025 has worsened since the Fourth Review, largely due to sustained Russian attacks on Ukrainian energy infrastructure and uncertainty about the war; overall, the outlook remains subject to exceptionally high uncertainty.

    Following the Executive Board discussion on Ukraine, Ms. Kristalina Georgieva, Managing Director of the IMF, issued the following statement[1]:

    1. Russia’s war in Ukraine continues to bring a devastating social and economic toll on Ukraine. Despite the war, macroeconomic and financial stability is being preserved through skillful policymaking by the Ukrainian authorities as well as substantial external support. The economy has remained resilient, despite significant damage to the energy infrastructure, reflecting the continued adaptability of households and firms.
    2. Ukraine’s performance and commitment under the program continues to be strong. All quantitative performance criteria for end-June were met, and those for end-September are expected to have been met. All but one structural benchmark through end-September were completed, while the missed structural benchmark has been reset to accommodate delays in the appointment process partly beyond the control of the authorities. Moreover, two structural benchmarks due later in the year and the prior action for the review was also implemented. The program remains fully financed with a cumulative external financing envelope of US$151 billion in the baseline and US$187 billion in the downside over the 4-year program period, including with new commitments from the Extraordinary Revenue Acceleration Loans for Ukraine (ERA) initiative.
    3. Looking ahead, the recovery is expected to slow amid headwinds from the impact of the attacks on energy infrastructure and the continuing war, while risks to the outlook remain exceptionally high. Preparedness is necessary to enable appropriate policy action should risks materialize.
    4. Ukraine’s financing needs remain large, driven by the continuing war. Timely and predictable external support—on terms consistent with debt sustainability—is essential to closing financing gaps and safeguarding stability. At the same time, decisive domestic revenue mobilization is critical for Ukraine to meet elevated spending needs, respond to shocks, and restore fiscal sustainability, which will require further tax policy measures as well as efforts to improve compliance and combat evasion, as envisioned under the National Revenue Strategy.

    Further strengthening medium-term budgeting, fiscal risk frameworks and transparency, and public investment management should advance in support of these goals.

    1. The Eurobond exchange in August was an important milestone in the authorities’ strategy to restore debt sustainability. Efforts to conclude the remaining steps in line with the authorities’ strategy and the program’s debt sustainability objectives should continue.
    2. Continued exchange rate flexibility under the managed exchange rate regime will help strengthen the resilience of the economy to external shocks. The recent uptick in inflation suggests limited room for further easing in the near term, though inflation remains well-anchored, and the FX cash market continues to show stability. A state-dependent and gradual approach to the easing of FX controls remains essential to safeguard FX reserves. The authorities’ efforts to avoid monetary financing should continue.
    3. The financial sector remains stable. Efforts should continue to strengthen bank resolution and supervision, governance, and contingency planning in view of risks to the outlook.
    4. Continuing the reform momentum in anticorruption and governance, including ensuring the effectiveness of anticorruption institutions and strengthening governance in the energy sector, remain essential to help contain fiscal risks, secure donor confidence and enhance growth, which would also support Ukraine’s path to EU accession.

    Table 1. Ukraine: Selected Economic and Social Indicators, 2021–33

     

    2021

    2022

    2023

    2024

    2025

    2026

    2027

     

     

     

    Act.

    Act.

    Act.

    Proj.

    Proj.

    Proj.

    Proj.

     

     

    Real economy (percent change, unless otherwise indicated)

    Nominal GDP (billions of Ukrainian hryvnias) 1/

    5,451

    5,239

    6,538

    7,542

    8,542

    9,715

    10,761

    Real GDP 1/

    3.4

    -28.8

    5.3

    3.0

    2.5-3.5

    5.3

    4.5

    Contributions:

    Domestic demand

    12.9

    -22.9

    13.9

    6.3

    5.1

    4.6

    4.3

    Private consumption

    4.7

    -16.8

    5.5

    3.1

    3.2

    3.8

    3.5

    Public consumption

    0.1

    12.5

    2.6

    -0.1

    -1.0

    -2.5

    -2.0

    Investment

    8.1

    -18.6

    5.8

    3.3

    2.9

    3.3

    2.7

    Net exports

    -9.5

    -5.9

    -8.6

    -3.3

    -2.6

    0.7

    0.2

    GDP deflator

    24.8

    34.9

    18.5

    12.0

    10.5

    8.0

    6.0

    Unemployment rate (ILO definition; period average, percent)

    9.8

    24.5

    19.1

    14.2

    12.7

    10.4

    9.4

    Consumer prices (period average)

    9.4

    20.2

    12.9

    5.8

    9.0

    7.7

    5.0

    Consumer prices (end of period)

    10.0

    26.6

    5.1

    9.0

    7.5

    6.6

    5.0

    Nominal wages (average)

    20.8

    1.0

    20.1

    16.6

    17.1

    14.1

    10.6

    Real wages (average)

    10.5

    -16.0

    6.4

    10.2

    7.5

    6.0

    5.3

    Savings (percent of GDP)

    12.5

    17.1

    9.7

    9.2

    5.2

    10.5

    16.4

    Private

    12.7

    30.2

    24.6

    25.5

    20.2

    15.7

    14.0

    Public

    -0.2

    -13.1

    -14.8

    -16.3

    -15.0

    -5.1

    2.5

    Investment (percent of GDP)

    14.5

    12.1

    15.1

    17.3

    19.5

    21.0

    22.3

    Private

    10.7

    9.6

    10.4

    14.8

    15.4

    16.6

    17.2

    Public

    3.8

    2.5

    4.8

    2.4

    4.1

    4.4

    5.1

    General Government (percent of GDP)

    Fiscal balance 2/

    -4.0

    -15.6

    -19.6

    -18.7

    -19.2

    -9.5

    -2.7

    Fiscal balance, excl. grants 2/

    -4.0

    -24.8

    -26.1

    -24.5

    -20.0

    -9.8

    -3.8

    External financing (net)

    2.4

    10.8

    16.5

    15.2

    18.2

    8.8

    3.3

    Domestic financing (net), of which:

    1.6

    5.0

    3.1

    3.5

    1.0

    0.8

    -0.6

    NBU

    -0.3

    7.3

    -0.2

    -0.2

    -0.2

    -0.1

    -0.1

    Commercial banks

    1.5

    -1.5

    2.5

    3.5

    1.0

    0.8

    -0.6

    Public and publicly-guaranteed debt

    50.5

    77.7

    82.3

    95.6

    106.6

    107.6

    102.6

    Money and credit (end of period, percent change)

    Base money

    11.2

    19.6

    23.3

    16.7

    13.2

    12.7

    12.4

    Broad money

    12.0

    20.8

    23.0

    15.4

    13.3

    11.9

    10.1

    Credit to nongovernment

    8.4

    -3.1

    -0.5

    9.0

    12.9

    21.5

    18.7

    Balance of payments (percent of GDP)

    Current account balance

    -1.9

    5.0

    -5.4

    -8.1

    -14.3

    -10.5

    -5.9

    Foreign direct investment

    3.8

    0.1

    2.6

    2.0

    2.1

    4.3

    4.9

    Gross reserves (end of period, billions of U.S. dollars)

    30.9

    28.5

    40.5

    42.6

    44.9

    49.1

    52.4

    Months of next year’s imports of goods and services

    4.5

    3.8

    5.1

    5.1

    5.4

    5.7

    6.0

    Percent of short-term debt (remaining maturity)

    67.5

    64.3

    89.5

    106.2

    106.3

    118.3

    124.5

    Percent of the IMF composite metric (float)

    104.4

    103.6

    124.3

    113.5

    104.7

    104.0

    106.9

    Goods exports (annual volume change in percent)

    35.1

    -43.7

    -15.4

    15.7

    6.2

    14.0

    6.3

    Goods imports (annual volume change in percent)

    17.0

    -24.1

    21.5

    14.1

    7.0

    8.8

    9.5

    Goods terms of trade (percent change)

    -8.4

    -11.6

    3.6

    0.3

    -1.8

    1.2

    1.4

    Exchange rate

    Hryvnia per U.S. dollar (end of period)

    27.3

    36.6

    38.0

    …

    …

    …

    …

    Hryvnia per U.S. dollar (period average)

    27.3

    32.3

    36.6

    …

    …

    …

    …

    Real effective rate (deflator-based, percent change)

    10.2

    27.5

    -1.5

    …

    …

    …

    …

    Memorandum items:

    Per capita GDP / Population (2017): US$2,640 / 44.8 million

    Literacy / Poverty rate (2022 est 3/): 100 percent / 25 percent

    Sources: Ukrainian authorities; World Bank, World Development Indicators; and IMF staff estimates.

    1/ GDP is compiled as per SNA 2008 and excludes territories that are or were in direct combat zones and temporarily occupied by Russia (consistent with the TMU).

    2/ The general government includes the central and local governments and the social funds.

    3/ Based on World Bank estimates.

    [1] At the conclusion of the discussion, the Managing Director, as Chairman of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summing up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Camila Perez

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/18/pr24381-ukraine-imf-executive-board-completes-fifth-rev-eff-arrangement

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Russia: IMF Executive Board Completes the First Review under the Extended Credit Facility (ECF) Arrangement for Ethiopia

    Source: IMF – News in Russian

    October 18, 2024

    • The IMF Board completed the first review under the Extended Credit Facility (ECF) for Ethiopia, allowing the authorities to draw the equivalent of about US$340.7 million (SDR 255.6 million). The ECF was approved by IMF Board in July 2024 and forms part of a US$10.7 billion support package from development partners and creditors for Ethiopia.
    • The Ethiopian authorities have shown strong commitment to their homegrown economic reform program. Implementation of ECF-supported reforms is advancing well.

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed today the first review of the 48-month Extended Credit Facility (ECF) for Ethiopia. The Board’s decision allows for an immediate disbursement of about US$340.7 million (SDR 255.6 million), which will help Ethiopia meet its balance of payments needs. The completion of the review brings total disbursements under the arrangement to about US$1.363 billion.

    Ethiopia’s ECF arrangement for a total of SDR 2.556 billion (850 percent of quota) or about US$3.4 billion at the time of program approval on July 29, 2024 (see Press Release 24/291) is aimed at supporting the authorities’ Homegrown Economic Reform Agenda (HGER) to address macroeconomic imbalances and lay the foundations for private sector led growth.

    All quantitative performance criteria and four out of five structural benchmarks for the first review have been met. The emergency liquidity assistance framework has been finalized prior to Board approval with a slight delay from end-September target date.

    The implementation of the authorities’ economic program, including the transition to the new exchange rate regime, has been commendable. The spread between the formal and parallel market exchange rates has narrowed to low levels, with little sign of disruption to the broader economy. The supply of foreign exchange is picking up, helping alleviate acute foreign exchange shortages. Nonetheless, some unmet foreign exchange demand persists as economic agents are still adjusting to the new FX regime.

    Steady implementation of the HGER reform plan will be key to macroeconomic stability and stronger economic growth. Continued tight monetary policy and elimination of monetary financing of the government will be key to durably reducing inflation. Expanding social safety nets is critical to mitigating the impact of reforms on vulnerable people. Maintaining momentum on domestic revenue mobilization and structural reforms in the SOE sector is essential to creating sufficient space for social and developmental capital spending.

    The authorities continue their efforts to restore debt sustainability. Financing assurances and adjustment efforts are consistent with IMF policy requirements and program parameters.

    Following the Executive Board discussion, Mr. Bo Li, Deputy Managing Director and Chairman of the Board, made the following statement:

    “Ethiopia’s program under the ECF has made a solid start, and the transition to a more flexible exchange rate has progressed well. Transitional one-off arrangements to address the foreign exchange (FX) backlog from past fuel imports are in place, relying principally on market participants with an additional contribution from the National Bank of Ethiopia (NBE). As economic agents adjust to the new FX regime, reform momentum and clear communication will need to continue to ensure a fully successful and sustained switch to a floating exchange rate.

    “Continuing to restrict NBE’s FX interventions and additional policy measures to support FX market development will be critical to enhance market efficiency and deepening. Prudent macroeconomic policies, including continued tight monetary policy and the elimination of monetary financing of government deficits are essential to reducing imbalances and shoring up macroeconomic stability.

    “Implementation of the early stages of the authorities’ monetary policy reforms and the shift to an interest-rate based regime has been encouraging, including the steady uptake of NBE open market operations. The authorities should step up efforts to improve monetary policy transmission, including by enhancing treasury bill market functioning. Close supervision and enforcement of net open position regulations for banks will help address financial sector vulnerabilities. 

    “The authorities have embarked on ambitious and comprehensive tax mobilization reforms, which will be guided by the recently approved National Medium-Term Revenue Strategy. The new VAT law further streamlines exemptions, expands the revenue base, and strengthens administration and compliance framework. Sustained tax revenue mobilization reforms are critical for creating sufficient space for social and development spending needs. The authorities are implementing plans to expand the targeted social safety net (PSNP), which will deliver cost-effective and efficient support to vulnerable people and mitigate the social impact of the FX reform. 

    “Amendments to the law governing the NBE tabled in Parliament include important improvements to the NBE’s mandate, functions, and powers. Robust lender-of-last resort provisions and legal safeguards to central bank autonomy and governance will also be important.

    Continued steps to secure debt treatment is crucial to restore debt sustainability. The progress made on debt restructuring negotiations under the Common Framework is welcome. The authorities are working to reach an agreement on debt treatment with official creditors by the time of the second program review. Negotiations with commercial creditors should follow on comparable terms. The authorities plan to develop a debt management strategy with Fund technical assistance.”

    Ethiopia Selected Economic Indicators, 2021/22-2028/29

    2021/22

    2022/23

    2023/24

    2024/25

    2025/26

    2026/27

    2027/28

    2028/29

    Proj.

    Proj.

    Proj.

    Proj.

    Proj.

    Proj.

    Output

    Real GDP growth (%)

    6.4

    7.2

    6.1

    6.5

    7.1

    7.7

    8.0

    7.8

    Prices

    Inflation – average (%)

    33.9

    32.5

    26.6

    25.0

    16.7

    12.2

    10.4

    9.6

    General government finances

    Revenue (% GDP)

    8.1

    7.9

    7.5

    8.4

    9.8

    10.9

    11.3

    11.5

    Expenditure (% GDP)

    12.7

    10.8

    9.9

    11.5

    12.4

    13.4

    13.7

    14.0

    Fiscal balance, including grants (% GDP)

    -4.2

    -2.6

    -2.0

    -1.7

    -2.1

    -2.0

    -2.0

    -2.0

    Public debt (% GDP)1

    48.9

    40.2

    34.7

    43.6

    39.1

    36.0

    33.6

    31.6

    Money and Credit

    Broad money (% change)

    27.2

    26.6

    14.1

    28.4

    28.3

    30.6

    22.1

    21.0

    Credit to private sector and state-owned enterprises (% change)

    18.9

    24.1

    9.7

    -14.3

    37.9

    40.1

    24.2

    21.1

    Balance of payments

    Current account (% GDP)

    -4.0

    -2.8

    -2.4

    -4.4

    -3.3

    -2.5

    -2.1

    -1.9

    FDI (%GDP)

    2.6

    2.1

    1.6

    2.7

    3.2

    2.9

    3.0

    3.0

    Reserves (in months of imports)

    0.8

    0.5

    0.7

    1.4

    2.1

    2.6

    3.5

    3.6

    External debt (% GDP)

    24.0

    18.1

    15.4

    28.9

    26.8

    24.5

    22.5

    19.7

    Exchange rate

    Real effective exchange rate (% change, end of period, depreciation –)

    10.1

    24.0

    …

    …

    …

    …

    …

    …

    1/Public and publicly guaranteed external debt, which includes long-term foreign liabilities of NBE and external debt of Ethio-Telecom. Does not include expected debt relief.

    For digital posting, please submit press release with an editable table (no images) already inserted in Microsoft Word file to ensure that the data in the SEI table is displayed as prepared.]

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Tatiana Mossot

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/18/pr-24383-ethiopia-imf-completes-the-1st-review-under-the-ecf-arrangement

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Russia: On October 21, Mikhail Mishustin will hold talks with the Chairman of the Cabinet of Ministers of the Kyrgyz Republic Akylbek Japarov

    MILES AXLE Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    On October 21, in Moscow, Chairman of the Government of the Russian Federation Mikhail Mishustin will hold talks with Chairman of the Cabinet of Ministers of the Kyrgyz Republic Akylbek Japarov.

    The heads of government plan to discuss current issues of Russian-Kyrgyz trade, economic, cultural and humanitarian cooperation. Special attention will be paid to the implementation of joint projects in the fields of energy, industry, transport, education and other areas.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://government.ru/annuncements/53042/

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: Two deposit auctions of JSC “KAVKAZ.RF” will be held on 21.10.2024

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    Parameters;

    The date of the deposit auction is 21.10.2024. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 180,000,000.00. The placement period, days is 20. The date of depositing funds is 22.10.2024. The date of return of funds is 11.11.2024. The minimum placement interest rate, % per annum is 19.50. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 180,000,000.00. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open). The basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 10:30 to 10:40. Applications in competition mode from 10:40 to 10:45. Setting the cut-off percentage or declaring the auction invalid before 10:55.

    Additional terms

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74126

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 10/18/2024, 14-58 the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment for the ALRS (ALROSA ao) security were changed.

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/18/2024

    14:58

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 18.10.2024, 14-58 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -45.33%), the transfer rate and the range of interest rate risk assessment (up to -0.23 rubles, equivalent to a rate of 70.77%) of the ALRS security (ALROSA ao) were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74115

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 10/18/2024, 13-23, the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment for the ALRS (ALROSA ao) security were changed.

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/18/2024

    13:23

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 18.10.2024, 13-23 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -34.8%), the transfer rate and the range of interest rate risk assessment (up to -0.178 rubles, equivalent to a rate of 59.18%) of the ALRS security (ALROSA ao) were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74113

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 10/18/2024, 12:34 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A1031U3 (VEB1P-26) security were changed.

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/18/2024

    12:34

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 18.10.2024, 12-34 (Moscow time), the values of the upper limit of the price corridor (up to 86.98) and the range of market risk assessment (up to 956.79 rubles, equivalent to a rate of 19.25%) of the RU000A1031U3 (VEB1P-26) security were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74111

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 10/18/2024, 12:25 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A1031U3 (VEB1P-26) security were changed.

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/18/2024

    12:25

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 18.10.2024, 12-25 (Moscow time), the values of the upper limit of the price corridor (up to 84.88) and the range of market risk assessment (up to 934.73 rubles, equivalent to a rate of 16.5%) of the RU000A1031U3 (VEB1P-26) security were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74108

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial News: Inflation Remains High in September Despite Decline in Year-On-Year Rate in Most Regions

    MILES AXLE Translation. Region: Russian Federation –

    Source: Central Bank of Russia –

    The annual price growth slowed in September in 76 regions, most significantly in Sakhalin Oblast and the Chechen Republic.

    The annual growth rate of food prices has slowed most noticeably. Sugar has become cheaper than a year ago, while fruit and vegetable products and eggs have risen more slowly.

    The annual growth in prices for non-food products, in particular for cars, household appliances and electronics, has decreased.

    The annual increase in prices for services remained almost as high as in August. Foreign tourism has increased in price the most over the year.

    For more information on inflation in each region, seeinformation and analytical materials, published on the website of the Bank of Russia.

    Preview photo: Yuri Smityuk / TASS

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.kbr.ru/press/event/?id=21101

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 10/18/2024, 12-11 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the RU000A1031U3 (VEB1P-26) security were changed.

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    10/18/2024

    12:11

    In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 18.10.2024, 12-11 (Moscow time), the values of the upper limit of the price corridor (up to 82.78) and the range of market risk assessment (up to 912.67 rubles, equivalent to a rate of 13.75%) of the RU000A1031U3 (VEB1P-26) security were changed.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74106

    MIL OSI Russia News –

  • MIL-OSI Russia: Dmitry Grigorenko: A friendly, open approach by officials to communicating with citizens is important

    MILES AXLE Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    International Forum “Client-Centricity in Public Administration 2024”

    October 17, 2024

    International Forum “Client-Centricity in Public Administration 2024”

    October 17, 2024

    Forum “Client-centricity in public administration – 2024”

    October 17, 2024

    Previous news Next news

    International Forum “Client-Centricity in Public Administration 2024”

    Approaches and tools for implementing the federal project “State for People” were discussed at the international forum “Client-centricity in public administration – 2024”. The event included discussions on the introduction of client-centricity principles in public administration. The federal project “State for People” is supervised by Deputy Prime Minister – Chief of Staff of the Government of Russia Dmitry Grigorenko.

    “Identifying human needs, constantly improving the interaction between government bodies and citizens are important components of the entire public administration system. And here, not only the quality and convenience of government services and services that people use, but also the friendly, open approach of each employee of the departments that citizens contact, play a significant role,” commented Dmitry Grigorenko.

    The forum participants discussed the importance of preparing department employees to work with citizens, their training, developing professional and personal qualities, as well as working with people’s opinions about the quality of public services.

    In particular, it was noted that the federal project “State for People” involves testing government services for simplicity and accessibility. It is carried out in a network of user testing laboratories in 9 regions of Russia. In them, government services and services are tested for compliance with customer-centricity standards, and their ease of use is assessed.

    Another important part of the federal project is the “life situations” services, which help people receive the full range of services necessary to solve a specific problem.

    On the portals of public services and “MSP.RF” 15 “life situations” of the federal level have been launched, and by the end of 2024 it is planned to implement 34. On average, one “life situation” combines 16 services. To date, more than 1.4 million people have used the “life situations” services on the portal of public services. Also this year, 85 regions have begun to implement more than 400 “life situations”.

    Experts from Brazil, South Africa, Qatar, the UAE, and Serbia took part in the panel session “International Experience of Client-Centric Transformation of Public Administration”. The experts shared their experience of implementing client-centric principles in the work of government bodies and emphasized the importance of providing public services not only in person, but also electronically.

    The forum “Customer-centricity in public administration – 2024” brought together about 1.5 thousand representatives of federal and regional authorities, governors, and heads of municipalities of Russia.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://government.ru/nevs/53031/

    MIL OSI Russia News –

  • MIL-OSI Russia: BENIN: IMF Reaches Staff-Level Agreement on Fifth Review of Extended Fund and Extended Credit Facilities and the Second Review of Resilience and Sustainability Facility

    Source: IMF – News in Russian

    October 17, 2024

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    • IMF has reached staff-level agreement with Benin on the Fifth Review of Benin’s EFF/ECF and the Second Review of the Resilience and Sustainability Facility (RSF).
    • There are signs of economic transformation in Benin, with higher value-added goods’ exports and momentum in information technology and tourism.
    • The authorities recently submitted to Parliament a draft 2025 budget that targets compliance with the West African Economic and Monetary Union (WAEMU) fiscal deficit norm of 3 percent of GDP, with significant increases in social spending.

    Washington, DC: An International Monetary Fund (IMF) team led by Constant Lonkeng visited Cotonou during October 8–17, 2024 to hold discussions on the Fifth Review of Benin’s economic program under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) and the Second Review of the Resilience and Sustainability Facility (RSF) arrangement.

    At the end of the mission, Mr. Lonkeng issued the following statement:

    “IMF staff and Beninese authorities have reached a staff-level agreement on policies to complete the Fifth Review of Benin’s 42-month blended EFF/ECF and the Second Review of the RSF. Subject to approval by the IMF Executive Board, Benin will receive a disbursement of SDR 31.2 million (about $42 million) under the ECF and EFF arrangements and up to SDR 39.6 million (about $53 million) under the RSF arrangement, bringing the total disbursement under the EFF/ECF to SDR 431 million (about $576 million).

    “There are signs of economic transformation in Benin, with higher value-added goods’ exports and momentum in information technology and tourism. Economic activity is estimated to have expanded by 6.5 percent year-over-year in the first half of this year; growth is expected to remain strong in the near-term. The balance of payments has deteriorated temporarily, due to large investments, including related to the special economic zone (SEZ). It is expected to recover gradually as the transformation of local commodities at the SEZ boosts exports. 

    “Program performance has been strong—all quantitative targets for end-June 2024 were met, with fiscal consolidation well underway, supported by robust tax collection. 

    “The authorities recently submitted to Parliament the 2025 draft budget which targets compliance with the WAEMU overall deficit norm of 3 percent of GDP. Fiscal consolidation is set to be revenue-based (drawing on the Medium-Term Revenue Strategy), with significant increases in social spending (education, health, and social protection). Updating regularly and fully operationalizing the social registry will improve the targeting of expanded social assistance programs. 

    “The mission discussed next steps in strengthening Benin’s anti-corruption framework further, complementing the recently operationalized anti-corruption agency, as well as mechanisms to safeguard hard-won macroeconomic gains over the political cycle. 

    “The authorities are advancing their climate finance agenda following the climate finance roundtable that took place in Cotonou in July. They have mainstreamed climate change in the draft 2025 budget. The mission discussed next steps in advancing water tariff reform and a fuel subsidy reform that accounts for the specificities of Benin’s local fuel market.  

    “The mission met with Senior Minister of Economy and Finance Wadagni, Senior Minister of Development and Government Action Bio Tchane, National Director of the BCEAO (the regional central bank) Assilamehoo, and other senior government officials. The team also met with the Head of Opposition, the Finance Commission of the National Assembly in Porto Novo, the civil society, university students, the association of women entrepreneurs and a farmers’ association, the donor community, and other stakeholders.

    “The IMF team would like to thank the authorities and various stakeholders for their warm hospitality and open and constructive dialogue.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Julie Ziegler

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/17/pr24377-benin-imf-reaches-sla-5th-rev-eff-ecf-2nd-rev-rsf

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial News: Imports Recovered in Q3 After Decline in H1

    MILES AXLE Translation. Region: Russian Federation –

    Source: Central Bank of Russia –

    The value of imports of goods and services in Q3 2024 increased mainly due to increased domestic demand and a stronger ruble on average over the quarter.

    At the same time, the value of exports of goods and services remained close to last year’s level. Companies changed the directions of deliveries, and this had a positive effect on exports. However, restrictions in a number of foreign countries and a reduction in oil production due to OPEC agreements leveled out this positive effect.

    As a result, with stable exports and expanding imports, the positive balance of the current account of the balance of payments decreased compared to the same period in 2023.

    Read more in the quarterly issue of the information and analytical commentary “Balance of Payments of the Russian Federation”.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.kbr.ru/press/event/?id=21097

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: On 18.10.2024, the deposit auction of JSC “Corporation “MSP” will take place

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Exchange – Moscow Exchange –

    Parameters:

    The date of the deposit auction is 18.10.2024. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 130,000,000.00. The placement period, days is 57. The date of depositing funds is 22.10.2024. The date of return of funds is 18.12.2024. The minimum placement interest rate, % per annum is 18.00. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 130,000,000.00. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open). The basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 10:30 to 10:40. Applications in competition mode from 10:40 to 10:50. Setting a cut-off percentage or declaring the auction invalid before 11:30.

    Additional terms

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://www.moex.com/n74077

    MIL OSI Russia News –

  • MIL-OSI Russia: Dmitry Chernyshenko: Sport is a tool for interethnic dialogue and strengthening peace

    MILES AXLE Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Dmitry Chernyshenko took part as a moderator at the plenary session “Sport – a comprehensive view of the future” at the XII International Sports Forum “Russia – a Sports Power” in Ufa

    October 17, 2024

    Dmitry Chernyshenko took part as a moderator at the plenary session “Sport – a comprehensive view of the future” at the XII International Sports Forum “Russia – a Sports Power” in Ufa

    October 17, 2024

    Dmitry Chernyshenko took part as a moderator at the plenary session “Sport – a comprehensive view of the future” at the XII International Sports Forum “Russia – a Sports Power” in Ufa

    October 17, 2024

    Dmitry Chernyshenko took part as a moderator at the plenary session “Sport – a comprehensive view of the future” at the XII International Sports Forum “Russia – a Sports Power” in Ufa

    October 17, 2024

    Dmitry Chernyshenko took part as a moderator at the plenary session “Sport – a comprehensive view of the future” at the XII International Sports Forum “Russia – a Sports Power” in Ufa

    October 17, 2024

    Previous news Next news

    Dmitry Chernyshenko took part as a moderator at the plenary session “Sport – a comprehensive view of the future” at the XII International Sports Forum “Russia – a Sports Power” in Ufa

    At the XII International Sports Forum “Russia – Sports Power” in Ufa, a plenary session on the topic “Sport – a comprehensive view of the future” was held. Russian President Vladimir Putin spoke at it.

    “The prospects and the future of world sports really need serious, substantive discussion, a joint search for an answer to the question of how to overcome the difficult challenges of our time, prevent a split in the international sports family, cleanse sports of vulgar politicization, double standards, perverted rules, humiliating discrimination, including on the basis of citizenship and nationality of athletes,” the head of state emphasized.

    The moderator of the plenary session was Deputy Prime Minister Dmitry Chernyshenko.

    At the beginning of his speech, he quoted the President’s words: “Our country has been and remains one of the leading sports powers on the planet, the birthplace of great athletes, victories and records.” The Deputy Prime Minister noted that successes in the development of sports are achieved thanks to the synergy of efforts at all levels – government bodies, sports federations, societies, leagues, clubs, the media, as well as the contribution of the citizens themselves.

    According to the Deputy Prime Minister, sport is a powerful tool for interethnic dialogue, a means of building peace, friendship, and cooperation, including in the international arena.

    “Russia always remains true to the principle: sport is a universal language of communication, and it should be outside of politics. For our part, we consistently defend the ideals of fair, open sports competition and continue to strengthen our sports sovereignty. Now we are all consolidated around our President and are using this moment to build a modern sports management system, involving all industry participants, including public organizations, in key processes,” Dmitry Chernyshenko emphasized.

    Russia continues to develop new formats of international competitions, free from the jurisdiction of politicized international sports organizations. One of the most striking examples is the “Games of the Future” project.

    The Deputy Prime Minister stressed the importance of developing sports infrastructure and increasing the level of public involvement in physical education and sports.

    “President Vladimir Putin set the task of involving 70% of our citizens in regular physical education and sports by 2030. To achieve this goal, the Strategy for the Development of Physical Education and Sports was adopted, which defines the main areas of development of the industry until the end of the decade. We see that the results are already truly tangible. Today, more than 56% of people are involved in physical education and sports, and the provision of sports facilities has reached 61.5%. There are about 350 thousand sports facilities of various levels in Russia. Funds for the creation of non-capital structures are also planned in our budget law. This is more than 19 billion, which will allow us to build 350 sports facilities annually,” said Dmitry Chernyshenko.

    In 2023, 72 major sports facilities were put into operation. The plan for this year is another 85. Under the federal project “Business Sprint”, about 150 smart sites and modular halls were opened last year, and another 97 are planned for this year.

    There are about 24 million people registered in the GTO system. About 11 million of them successfully passed the standards and received badges.

    Acting Prime Minister of the Republic of Bashkortostan Andrey Nazarov shared Bashkortostan’s experience in supporting non-governmental organizations in the sports industry.

    “Along with supporting state and municipal sports institutions, we involve and support non-governmental organizations. There are 133 public associations of physical culture and sports orientation registered in the republic, of which 122 are accredited regional sports federations,” said the acting Prime Minister.

    The event was also attended by the Minister of Sports and Tourism of the Republic of Belarus Sergei Kovalchuk, the Minister of Youth and Sports of the Republic of Iraq Ahmed Al-Mubarka, the Minister of Youth and Sports of the Federal Democratic Republic of Nepal Teju Lal Chaudhary, the President of the All-Russian Phygital Sports Federation Nikita Nagorny, the Minister of People’s Power for Youth and Sports of the Bolivarian Republic of Venezuela Arnaldo Sanchez, the Minister of Sports and Leisure of the Togolese Republic Lidi Bessi-Kama, the Deputy Governor of the Vologda Region Alexander Povetkin, the head coach of the Russian national rhythmic gymnastics team Irina Viner, and Metropolitan Mitrofan of Murmansk and Monchegorsk.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://government.ru/nevs/53037/

    MIL OSI Russia News –

  • MIL-OSI Russia: Mauritania: IMF Staff Concludes 2024 Article IV Consultation Mission and Reaches Staff-Level Agreement on Third Review of Extended Fund and Extended Credit Facilities and the Second Review of Resilience and Sustainability Facility

    Source: IMF – News in Russian

    October 17, 2024

    • Despite its resilience, the Mauritanian economy is expected to slow down in 2024 and in the medium term, in a context marked by the persistence of downside risks linked to an escalation of geopolitical tensions in the region, delays in the start of operation of the Greater Tortue Ahmeyim (GTA) gas project, and weather shocks.
    • A prudent rule-based fiscal policy would help preserve debt sustainability. Developing the banking sector and sustaining the implementation of the national governance action plan and the new investment code would foster the role of the private sector and enhance prospects for inclusive growth.
    • IMF and Mauritania reached staff-level agreement on the Third Review of Mauritania’s economic program under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) and the Second Review of the Resilience and Sustainability Facility (RSF)”

    Washington, DC: An International Monetary Fund (IMF) team, led by Felix Fischer, visited Nouakchott during October 3–16, 2024 to conduct the 2024 Article IV consultation and to hold discussions on the Third Review of Mauritania’s ECF/EFF and the Second Review of the RSF arrangement, and at the end of the mission, Mr. Fischer issued the following statement:

    “The Mauritanian economy is expected to slowdown in 2024 with a growth rate estimated at 4.6 percent (compared to 6.5 percent in 2023) reflecting sluggish extractive sector. The economic growth in 2025 is projected at 4.2 percent, reflecting a slowdown in the mining sector, moderated by the expected start of the GTA gas project. The growth outlook is subject to significant risks, including an escalation of geopolitical tensions in the region, additional delays in the start of operation of the GTA gas project, and the occurrence of weather shocks.

    “Anchoring fiscal policy to the non-extractive primary balance would reduce the impact of fluctuations in commodity prices on the economy and maintain debt sustainability. After a tightening since 2022, conditions are favorable to shift towards monetary policy easing. The mission encourages the ongoing reforms aimed at financial sector development and stability, which would enhance financial sector contribution to economic development. The timely adoption and implementation of the new investment code will contribute to level the playing field among all market participants and foster private sector-led inclusive growth.

    “IMF staff and Mauritanian authorities have reached a staff level agreement on policies to complete the Third Review of Mauritania’s blended ECF/EFF and the Second review of the RSF. Subject to approval by the IMF Executive Board, Mauritania will receive a disbursement of SDR 6.4 million (about $ 8.6 million) under the ECF and EFF arrangements and SDR 29.72 million (about $ 39.7 million) under the RSF arrangement, bringing the total disbursement under the EFF/ECF and the RST to SDR 89.7 million (about $ 119.7 million).

    “Performance under the program is robust — all quantitative targets for end-June 2024 have been met. Fiscal consolidation is proceeding in line with the fiscal rule aimed at converging in the medium term towards the fiscal anchor (defined by the non-extractive primary deficit) of 3.5 percent of GDP. Capitalizing on Mauritania’s substantial tax potential, better domestic revenue mobilization will help create fiscal space to meet Mauritania’s significant development needs while preserving the medium-term budgetary framework credibility.

    “The structural reform program, integrating climate considerations, is advancing well. The mission noted the progress made in finalizing the draft laws on SOEs, asset declaration, and conflicts of interest, and encourages the authorities to finalize these important reforms in line with their Governance Action Plan.”

    “The team met with His Excellency the President of the National Assembly Mohamed Ould Megett, His Excellency, the Prime Minister Moctar Ould Diay, the Governor of the Central Bank Mohamed Lemine Dhehby, the Minister of Economy and Finance Sid’Ahmed Bouh, and the Minister Delegate in charge of the Budget Codioro N’Guenor. The team held also meetings with the Minister of Justice, the Minister of Energy and Oil, the Minister of Mining and Industry, the Minister of Hydraulics and Sanitation, the Minister of Environment and Sustainable Development, , other senior government officials, the civil society, the banking association and other representatives of the private sector, and donor community.

    “The IMF team would like to thank the Mauritanian authorities and various stakeholders for the excellent hospitality and cooperation and candid discussions during the mission.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Mayada Ghazala

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/17/pr-24379-mauritania-imf-concl-art-iv-consult-mission-and-3rd-rev-ef-and-ecf-and-2nd-rev-rsf

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Russia: NSU is the leader in the BRICS ranking among Russian universities located in the regions

    MILES AXLE Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    The Association of Rating Compilers (ACR) has published Pilot ranking of universities in the BRICS countries. The final list included 600 educational institutions from ten Commonwealth countries: Brazil, Egypt, India, Iran, China, the United Arab Emirates, Russia, Saudi Arabia, Ethiopia and South Africa. Russia became the second country in the ranking by the number of participants – 161 universities. Novosibirsk State is in 19th place in the overall ranking, occupying the highest positions among Russian universities located in the regions.

    In general, the BRICS rating methodology repeats the methodology of the “Three University Missions” rating, but takes into account the national characteristics of the countries that are part of the association. The university’s activities are also characterized in three areas: education, science, and relations with society. The difference is that the weights of some indicators have been changed and one new indicator has been added: “the number of joint scientific publications with BRICS partners.”

    — NSU’s high positions in the BRICS university rankings are explained by several factors. First of all, this is the quality of education and scientific activity. A positive impact was exerted by the increase in the significance of such an indicator as “the number of victories of university students in international student Olympiads” (data on Olympiads were taken into account from 2019 to 2023). And also the addition of such a criterion as the number of scientific works in partnership with colleagues from BRICS countries to the new ranking. NSU is traditionally strong in international scientific ties, especially with the states that are part of this association. We currently have 126 partner universities in 24 countries of the world, more than 300 publications with foreign co-authors are published annually, — noted NSU Rector, Academician of the Russian Academy of Sciences Mikhail Fedoruk.

    A total of 24 Russian universities made it into the top hundred of the ranking. The highest positions were taken by Moscow State University (2nd place), St. Petersburg State University (5th place), Moscow Institute of Physics and Technology (6th place), HSE (10th place) and MEPhI (15th place). Next come universities located in the regions, among which the leader is Novosibirsk State University (19th place), followed by Tomsk State University (36th place) and Ural Federal University (38th place).

    The strongest point of Russian universities is the quality of education; 39 educational institutions in Russia were included in the top 100 universities according to this group of criteria, with 10 of them being in the top twenty.

    Rating information:

    The idea of the ranking was proposed in 2023 by representatives of South Africa, and in the same year it was enshrined in the declaration following the meeting of the BRICS education ministers. The BRICS principles on which the ranking was formed werevoicedat the congress of the Russian Union of Rectors in July 2024, and then they were discussed and supported by the working groups of the Russian Academy of Sciences, the Russian Academy of Education and the Ministry of Education and Science. Principlespublishedon the website of the rating “Three University Missions”.

    Full list of universities, included in the rating.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.nsu.ru/n/media/nevs/education/ngu-leader-in-brix-rating-among-russian-universities-located-in-regions-/

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial experts tell how to best fight fraudsters

    MILES AXLE Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    Faculty of Economics, Novosibirsk State University held a “Financial Literacy Day,” during which five representatives of banks and consulting companies shared their experience in combating fraudsters.

    This topic is relevant for students not only because today the victims of telephone scammers are very different people. The faculty trains future economists, so it is important that they are also prepared in the field of fraud prevention, since the price of a mistake by a bank employee, broker or expert of a consulting agency can be very high.

    — I think the event was a success, the lectures were very diverse and informative. I judge by the fact that I myself heard a lot of new things. I think we will continue to hold such events in the future, — noted Deputy Dean of the NSU Faculty of Economics Naimdzhon Ibragimov.

    — The Faculty of Economics, including student clubs, often organize thematic meetings for students. The issue of financial literacy and the topic of fraud are relevant now. Despite the fact that the problem of fraud is not new, the number of deceived people remains significant. And this can be due to different factors, of which I would highlight two: the first is that modern technologies are used not only by honest people, the second is that there are features of the psychology of perception of information that fraudsters know and use. These issues need to be discussed. This can be useful for young people, — said Svetlana Bekareva, head of the Department of Finance and Credit of the Faculty of Economics of NSU.

    In their speeches, the experts touched on various aspects of the financial security problem. Sberbank representatives shared advice on how to protect yourself from fraudsters and told in more detail about the principles on which Sber’s ecosystem is built (which has long included not only the banking infrastructure itself).

    Yulia Krasnova, head of the Novosibirsk branch of the large audit company DRT, described the methods used by fraudsters to increase the attractiveness of their reporting for investors.

    The head of the Siberian regional center Kept Leonid Kozlenko, using specific examples, revealed the mechanisms for combating fraud that modern businesses use.

    — I really liked the concept of this event, so we gladly responded to the invitation. We generally really like communicating with students, so our company has many different joint projects with the NSU Faculty of Economics. Their subject matter is much broader than financial security issues, they relate to both training and smooth introduction to the profession of future graduates, — Leonid Kozlenko emphasized.

    The speech by the director of the SFM company, PhD in economics Andrey Bekarev was devoted to the psychology of fraud. Using examples from the documentary, she showed how one can manipulate a person’s opinion quite strongly, and this influence remains unnoticed by him. And as a result, he perceives other people’s assessments, views as his own and makes decisions on their basis that are beneficial to the manipulator.

    — Modern propaganda and marketing technologies influence us much more than we are used to thinking. And this is often used for nefarious purposes, like the same scammers we have been talking about all day today. I would like to draw attention to this with my lecture. I hope this will help you maintain independent thinking and reduce the risks of becoming a victim of someone else’s manipulation, — Andrey Bekarev addressed his listeners.

    Financial Literacy Day attracted the interest of students from various fields of study. Some of the students have been participating in the events of the Faculty of Economics for several years now, and began to get involved in the topic of finances back in school.

    — Last year I attended the Financier’s Day, which was held by the Financial Club and the Faculty of Economics. I was not yet a student of the Faculty of Economics at that time and I really liked the interesting and useful lectures and, of course, the competitions. Today’s event is smaller in scale than the Financier’s Day, but the idea is about the same. I was the host of the game part in the question-and-answer format. It is interesting that people from different fields took part in them, for example, historians and journalists, — shared Mikhail Muravyov, a first-year student of the Faculty of Economics, the Jurisprudence field.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.nsu.ru/n/media/nevs/education/experts-in-the-finance-tell-how-best-to-deal-with-scammers-/

    MIL OSI Russia News –

  • MIL-OSI Russia: Knightly romance and medieval flavor: Polytechnic students held the “Lonely Tower Tournament”

    MILES AXLE Translation. Region: Russian Federation –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    If there is a tower somewhere, then one day a valiant knight must appear next to it to save the princess imprisoned at the top. This idea was in the air at Polytechnic University, and it almost came true.

    Last Saturday, the autumn park of Peter the Great St. Petersburg Polytechnic University was transformed, immersed in the atmosphere of a medieval knight’s tournament.

    A similar event was held here only once before as part of an all-Russian project – in 2021 In honor of the 800th anniversary of Alexander Nevsky, “Military Fun” was held in the Polytechnic Park. But for the first time, a medieval knight’s tournament was organized by the students themselves – activists of the role-playing club “Engineering Alliance” at the military-historical club “Our Polytechnic”.

    “The idea of holding such an event came to us under the impression of the unforgettable Medieval Days in Vyborg,” said the head of the Engineering Alliance RC, fourth-year student of the Institute of Biomedical Systems and Biotechnology Daniil Porozov. “It was there, among archery, photo sessions in armor and the general atmosphere of knightly aesthetics, that I had a dream to participate in a real knightly tournament, to fight for the favor of beautiful ladies. This desire became the basis for the project, which came to life in the Lonely Tower Tournament.”

    Along with Daniil, the event was inspired by IBSiB student Polina Tenitskaya. And all other participants in the medieval modeling club actively helped — more than thirty people. Photographers transferred knightly aesthetics to posters, artists developed and created unique stickers and badges. Club activists assembled a model of a mantlet — a mobile protective wall — and a trebuchet — a medieval siege weapon — from scratch. This design is not just decoration, but a fully functional weapon that has passed tests for strength and accuracy.

    “Assembling wooden structures such as the mantlet, trebuchet and set pieces was a real challenge, which we all coped with together. And the guys get their costumes and weapons in different ways,” said Daniil Porozov. “Some order from experienced blacksmiths, some buy from older comrades. Some participants sew clothes and bags themselves. And Vladimir Suvorov, for example, made a full set of knightly armor himself!”

    The staff of the Polytech Tower provided invaluable assistance in organizing the event, and the guys from the Historical Dance department of the Our Polytech All-Russian Cultural Institution and the Board Games Guild provided entertainment for the guests, creating an atmosphere of celebration.

    The central event was, naturally, a knight’s tournament on a specially equipped lists. Spectators crowded around, cheered for their own and inspired them to victories. The armor rattled, constrained movement, it was hot in it, but the guys tried to be worthy of their distant ancestors and behave with honor. The tournament judges, as expected, were beautiful ladies: if the fight ended in a draw, the courtesy of the knight and how worthy he showed himself during the duel were assessed.

    Meanwhile, typical “medieval life” was in full swing around. At the sword station, those who wanted to could try their hand at fencing. Nearby, people were practicing archery. Less warlike guests tried to master the craft of chainmail weaving or leather sewing. Artists held master classes in birch bark painting. Those who liked to relax spent their time playing board games, and those who wanted to move around danced in a circle and learned ancient dances. It was pleasing that there were many children among the guests.

    “The Lonely Tower Tournament” is not just entertainment, it is the result of a passion for history, creativity and teamwork, a vivid example of how student initiative can diversify university life, says Daniil Porozov.

    Recently, the Polytechnic website published an interview in the Person section with one of the founders and former head of the medieval direction in the activities of the VIK “Our Polytechnic” Yaroslav Rusanov: “Since childhood I have been attracted to the aesthetics of medieval armor and battles”Yaroslav graduated from the university and works in his specialty, but his hobby continues to live and develop in our university, attracting more and more supporters.

    Photo: Denis Yablochkov

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://www.spbstu.ru/media/nevs/student_life/knightly-romance-and-medieval-color-polytechnic-students-held-a-lonely-tower-tournament/

    MIL OSI Russia News –