Category: Economics

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Dmitry Grigorenko: A new development model for the GosTech platform has been defined.

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

At a strategic session chaired by Prime Minister Mikhail Mishustin, the status of the implementation of the unified digital platform "GosTech" was discussed. It functions as a platform for the development and operation of government information systems (GIS).

Specifically, the platform enables ministries, agencies, and regions to access modern software solutions, government service development tools, and infrastructure that meet high security requirements. This ensures the rapid launch of new GIS systems and significant cost savings on their implementation, as it eliminates the need to redevelop existing solutions. The platform is being developed under the supervision of Deputy Prime Minister and Chief of the Government Staff Dmitry Grigorenko.

There are currently 52 departmental and regional systems and services operating on GosTech. Another 30 services are in the development or pilot phase.

Among the platform's services is the My School GIS. The system helps track up-to-date information on lesson schedules, homework, and academic progress, and allows parents to manage a unified schedule for their children, adding clubs, sections, and other extracurricular activities. The system also allows students to access a library of electronic learning materials, which currently includes over 30,000 lessons from leading Russian educational platforms. Teachers can assign homework to their class in the form of a link to a specific digital module.

During the event, the platform's updated operating format, "GosTech 2.0," was presented. Its key advantages will include fully automated procedures for ordering government information systems, as well as the creation of a competitive environment by incorporating IT solutions from various Russian developers into the platform.

"GosTech 2.0 will allow us to create new services faster and easier and ensure a high level of security. Our goal is to make government digital solutions as efficient and convenient as possible for citizens and businesses," said Dmitry Grigorenko.

He recalled that the GosTech project was launched in 2020. The platform was designed based on the best technical solutions available at the time. Currently, the development of the unified digital GosTech platform involves the integration of modern technologies to improve efficiency and automate the development of government services.

Thus, within the framework of the platform, it is planned to create a special cluster for working with large language models and implementing artificial intelligence in government services.

The platform's development is part of a larger-scale change in the government's approach to managing the state IT infrastructure. The new IT management model envisions a clear division of responsibilities in the development of government services, platforms, and other digital projects. Specifically, all government IT solutions are planned to be developed with the support of the Center for Expertise and Coordination of Information Technology. At the same time, the Federal State Institution "GosTech" will become the single coordinator for the technical design of IT solutions for the state.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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A differentiated approach: the preferential mortgage rate will be linked to the number of children

Translation. Region: Russian Federal

Source: Mainfin Bank –

An important disclaimer is at the bottom of this article.

How does the Family Mortgage program work now?

Mortgage program The program for state support for families with children has been in operation in the Russian Federation for over seven years, and the terms have been adjusted several times. Thus, in 2025, the following people can apply for a loan:

at a preferential rate of 6% (standard mortgages are issued at 17% per annum and higher); if the family has at least one child under the age of six (or a child with disabilities under the age of 18); the down payment must be at least 20%; the loan amount is 12 million rubles in Moscow and the Moscow region, St. Petersburg and the Moscow region, 6 million rubles in other regions; housing can only be purchased in new buildings or on the secondary market in regions where there are no apartment buildings under construction.

"The preferential program has led to a doubling of real estate prices over five years, while construction volumes have only increased by 10% during this period," the head of the Central Bank of the Russian Federation stated regarding the downsides of state support.

Family mortgage The program is valid until 2030, but may be extended in the future, as it has been on several occasions. This benefit is aimed at stimulating the birth rate and providing opportunities for families in need to improve their housing conditions.

What changes to preferential mortgages are the authorities proposing?

The State Duma has instructed the Ministry of Finance and the Ministry of Construction to jointly develop changes to the terms of the Family Mortgage program. It is expected that the authorities will implement the following lending terms under the state-supported program:

The interest rate will be differentiated and linked to the number of children in the family; upon the birth of a new child, the rate will be automatically reduced; the minimum area of apartments available for purchase will be limited to 35 square meters; the possibility of linking rates to the region of residence and the size of the federal subject is also being considered.

The possibility of banning preferential mortgages outside the region of registration is also being discussed. This debate stems from the fact that 40% of loans were taken out by borrowers in Moscow and St. Petersburg, as housing construction is not taking place in smaller towns.

09:00 09/23/2025

Source:

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Government meeting (2025, No. 32).

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

1. On the draft federal law "On the federal budget for 2026 and for the planning period of 2027 and 2028"

2. On the forecast of socio-economic development of the Russian Federation for 2026 and for the planning period of 2027 and 2028

3. On the draft federal law "On Amendments to the Federal Law "On State Regulation of the Production and Circulation of Tobacco Products, Tobacco Products, Nicotine-Containing Products and Raw Materials for Their Production" and Article 44 of the Federal Law "On General Principles of Organizing Public Authority in the Constituent Entities of the Russian Federation"

The bill is aimed at reducing the illegal circulation of tobacco products.

4. On the draft federal law "On Amendments to Article 33333 of Part Two of the Tax Code of the Russian Federation"

The draft federal law aims to introduce licensing for wholesale and retail sales of tobacco and nicotine-containing products.

5. On amendments to certain acts of the Government of the Russian Federation (in terms of amendments to the Regulation on the Federal Customs Service and the Regulation on the Ministry of Finance of the Russian Federation)

The draft resolution is aimed at implementing the provisions of Federal Law No. 475-FZ of December 13, 2024, “On Amendments to Certain Legislative Acts of the Russian Federation.”

6. On the draft federal law "On the budget of the Pension and Social Insurance Fund of the Russian Federation for 2026 and for the planning period of 2027 and 2028"

7. On the draft federal law “On Amending Article 1 of the Federal Law “On the Minimum Wage”

8. On the draft federal law “On insurance rates for compulsory social insurance against industrial accidents and occupational diseases for 2026 and for the planning period of 2027 and 2028”

9. On the draft federal law “On the budget of the Federal Compulsory Medical Insurance Fund for 2026 and for the planning period of 2027 and 2028”

10. On the draft federal law “On Amendments to the Federal Law “On Compulsory Medical Insurance in the Russian Federation””

11. On approval of the Regulation on roadside strips of highways (in terms of amending the Regulation on the Ministry of Transport of the Russian Federation)

The development of the draft resolution was dictated by the absence of a government act approving the regulation on roadside strips of highways, as provided for by the legislation of the Russian Federation.

12. On the draft federal law "On Amendments to the Code of the Russian Federation on Administrative Offenses"

The bill is aimed at ensuring the possibility of holding unscrupulous manufacturers and importers of goods administratively liable for failing to comply with mandatory requirements established by legislation on production and consumption waste, in terms of ensuring that manufacturers and importers of goods dispose of waste from the use of goods and/or pay environmental fees.

13. On the draft main directions of the unified state monetary policy for 2026 and the period 2027 and 2028

14. On the draft federal law “On Amending Article 12.5 of the Code of the Russian Federation on Administrative Offenses”

The bill aims to establish administrative liability for driving a vehicle that is equipped with glass (including glass covered with transparent colored films) whose light transmittance does not meet the requirements of the Basic Provisions for the Admission of Vehicles to Operation.

15. On the allocation of budgetary appropriations from the reserve fund of the Government of the Russian Federation to the budget of the Irkutsk Region by the Ministry of Education of Russia in 2025

The draft order is aimed at providing a subsidy from the federal budget within the framework of the Russian Federation state program "Education Development" for the purpose of co-financing the Irkutsk Region's expenditure obligations arising from the construction of a school for 1,275 students in Bratsk.

Moscow, September 23, 2025

The content of the press releases of the Department of Press Service and References is a presentation of materials submitted by federal executive bodies for discussion at a meeting of the Government of the Russian Federation.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Materials for the Government meeting on September 24, 2025.

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

The following issues are planned to be considered at the meeting:

1. On the draft federal law "On the federal budget for 2026 and for the planning period of 2027 and 2028"

2. On the forecast of socio-economic development of the Russian Federation for 2026 and for the planning period of 2027 and 2028

3. On the draft federal law "On Amendments to the Federal Law "On State Regulation of the Production and Circulation of Tobacco Products, Tobacco Products, Nicotine-Containing Products and Raw Materials for Their Production" and Article 44 of the Federal Law "On General Principles of Organizing Public Authority in the Constituent Entities of the Russian Federation"

The bill is aimed at reducing the illegal circulation of tobacco products.

4. On the draft federal law "On Amendments to Article 33333 of Part Two of the Tax Code of the Russian Federation"

The draft federal law aims to introduce licensing for wholesale and retail sales of tobacco and nicotine-containing products.

5. On amendments to certain acts of the Government of the Russian Federation (in terms of amendments to the Regulation on the Federal Customs Service and the Regulation on the Ministry of Finance of the Russian Federation)

The draft resolution is aimed at implementing the provisions of Federal Law No. 475-FZ of December 13, 2024, “On Amendments to Certain Legislative Acts of the Russian Federation.”

6. On the draft federal law "On the budget of the Pension and Social Insurance Fund of the Russian Federation for 2026 and for the planning period of 2027 and 2028"

7. On the draft federal law “On Amending Article 1 of the Federal Law “On the Minimum Wage”

8. On the draft federal law “On insurance rates for compulsory social insurance against industrial accidents and occupational diseases for 2026 and for the planning period of 2027 and 2028”

9. On the draft federal law “On the budget of the Federal Compulsory Medical Insurance Fund for 2026 and for the planning period of 2027 and 2028”

10. On the draft federal law “On Amendments to the Federal Law “On Compulsory Medical Insurance in the Russian Federation””

11. On approval of the Regulation on roadside strips of highways (in terms of amending the Regulation on the Ministry of Transport of the Russian Federation)

The development of the draft resolution was dictated by the absence of a government act approving the regulation on roadside strips of highways, as provided for by the legislation of the Russian Federation.

12. On the draft federal law "On Amendments to the Code of the Russian Federation on Administrative Offenses"

The bill is aimed at ensuring the possibility of holding unscrupulous manufacturers and importers of goods administratively liable for failing to comply with mandatory requirements established by legislation on production and consumption waste, in terms of ensuring that manufacturers and importers of goods dispose of waste from the use of goods and/or pay environmental fees.

13. On the draft main directions of the unified state monetary policy for 2026 and the period 2027 and 2028

14. On the draft federal law “On Amending Article 12.5 of the Code of the Russian Federation on Administrative Offenses”

The bill aims to establish administrative liability for driving a vehicle that is equipped with glass (including glass covered with transparent colored films) whose light transmittance does not meet the requirements of the Basic Provisions for the Admission of Vehicles to Operation.

15. On the allocation of budgetary appropriations from the reserve fund of the Government of the Russian Federation to the budget of the Irkutsk Region by the Ministry of Education of Russia in 2025

The draft order is aimed at providing a subsidy from the federal budget within the framework of the Russian Federation state program "Education Development" for the purpose of co-financing the Irkutsk Region's expenditure obligations arising from the construction of a school for 1,275 students in Bratsk.

Moscow, September 23, 2025

The content of the press releases of the Department of Press Service and References is a presentation of materials submitted by federal executive bodies for discussion at a meeting of the Government of the Russian Federation.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Denis Manturov visited the Sirius educational center.

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

First Deputy Prime Minister Denis Manturov visited the Sirius Federal Territory and delivered a lecture entitled "Biology as a Technology: Synthesizing Life for Progress" to students at the Sirius Educational Center and Presidential Lyceum.

The First Deputy Prime Minister toured the educational center's infrastructure and praised Sirius's contribution to training personnel in biotechnology and bioengineering.

"We live in an era when biology and biotechnology are becoming a force capable of transforming virtually any industry—from medicine, the food industry, and agriculture to light and forestry, metallurgy, and space projects. This, in turn, opens up amazing opportunities for professional fulfillment for you, future architects of living systems, both in purely scientific and in the real sector of the economy, where the demand for biotechnologists, biochemists, microbiologists, and geneticists will only increase with each passing year," noted Denis Manturov.

The First Deputy Prime Minister spoke to the schoolchildren about the industry's development, Russia's contribution to global achievements, and prospects for young professionals. He emphasized that such meetings are part of a state strategy in which education, science, and youth development operate as a unified system, bringing tangible benefits to the country.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: On September 24, 2025, the Territorial Development Fund will hold a deposit auction.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters;

The date of the deposit auction is September 24, 2025. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 8,010,000,000. Placement period, days 34. The date of depositing funds is September 24, 2025. The date of return of funds is October 28, 2025. The minimum placement interest rate, % per annum is 17. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 8,010,000,000. 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). Preliminary bids from 10:30 to 10:40. Competitive bids from 10:40 to 10:45. The cutoff percentage may be set or the auction may be declared void by 10:55. Additional terms and conditions.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial News: Corporate lending accelerated further in August.

Translation. Region: Russian Federal

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Banks' claims on companies (including investments in bonds) increased by 1.3% after 1.1% in July, with most of the increase coming from ruble corporate loans.

Mortgage growth also accelerated slightly, to 0.9% after 0.7% in July. The volume of loans issued increased by 10%, including not only subsidized loans but also market loans, driven by lower rates.

The consumer loan portfolio remained virtually unchanged after contracting by 0.5% in July.

Household funds increased by only 0.1% after 1.3% in July, likely due to spending on vacations and preparations for the school year. Corporate funds, however, grew more significantly, by 2.4% (1.4% in July).

The sector's net profit (excluding dividends from Russian subsidiary banks) almost halved to 203 billion rubles, down from 397 billion rubles in July.

For more details, read the information and analytical material "On the development of the banking sector of the Russian Federation in August 2025".

Preview photo: Greg Kelton / Shutterstock / Fotodom

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Marat Khusnullin: The International Economic Forum "Russia – Islamic World: KazanForum" will be held in Kazan on May 14–15, 2026.

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

Deputy Prime Minister Marat Khusnullin chaired the first meeting of the organizing committee for the preparation and holding of the International Economic Forum "Russia – Islamic World: KazanForum" in 2026.

The event was attended by Advisor to the President of Russia Anton Kobyakov, Head of the Republic of Tatarstan Rustam Minnikhanov, as well as representatives of federal ministries and agencies.

"KazanForum has once again confirmed its status as an important platform strengthening the partnership between Russia and the countries of the Islamic world. Our dialogue is based on shared interests and deep mutual respect. Last year's business program brought together approximately 8,500 representatives from 96 countries and 82 regions of Russia. Participants were widely represented, including countries from the CIS, the Middle East, Africa, and South and Southeast Asia. Next year, the forum will be held in Kazan on May 14–15. It will be held at the federal level for the fourth time. And with Kazan set to receive the status of 'Cultural Capital of the Islamic World 2026,' the forum takes on particular significance. Our work must be focused on concrete results, and our shared goal is to hold this event at the highest level. I am confident that KazanForum will continue to serve as a bridge that facilitates even greater rapprochement between Russia and Muslim countries," said Deputy Prime Minister and Chairman of the Organizing Committee Marat Khusnullin.

The meeting also summarized the results of the 2025 forum. The business program included approximately 200 events, resulting in the signing of approximately 130 agreements. Key outcomes include the growth of the halal financial products market, increased trade with countries of the Organization of Islamic Cooperation, and the opening of an office in Kazan for the AAOIFI, the international organization for Islamic finance standards. Other areas such as the international exhibition Russia Halal Expo and the unique real estate platform International Property Market also continue to thrive.

"We see growing interest from our domestic and international colleagues in the International Economic Forum 'Russia – Islamic World: KazanForum.' Today, the forum serves as a venue for meeting, dialogue, and cooperation between Russia and the Islamic world. This year, KazanForum welcomed participants from 96 countries and 82 regions of Russia. The event was covered by over 500 media outlets from 20 countries. I would like to emphasize that the upcoming KazanForum 2026 will be held as part of a significant event: Kazan's status as the cultural capital of the Islamic world. I am confident that this event should be reflected in the 2026 forum's agenda," noted Rustam Minnikhanov, Head of the Republic of Tatarstan and Deputy Chairman of the Organizing Committee.

Anton Kobyakov, Advisor to the President of Russia and Executive Secretary of the Organizing Committee, noted that holding the International Economic Forum "Russia – Islamic World: KazanForum" is a large-scale undertaking that utilizes all available tools to maintain dialogue and develop mutually beneficial cooperation with member states of the Organization of Islamic Cooperation.

"In the context of ongoing geopolitical changes and the growth of Russia's foreign trade, maintaining and strengthening stable partnerships is key to transforming the Russian economy. The forum, which will be held in May 2026, is intended to become a platform for expanding Russia's cooperation with Islamic countries. Participants are particularly interested in bilateral sessions dedicated to developing intercountry ties across a wide range of issues. It is important to continue strengthening this dialogue by offering relevant topics for discussion during the forum's business and cultural events," emphasized Anton Kobyakov.

He also noted that meetings between Russian President Vladimir Putin and Arab leaders are scheduled for October 2025. Following these talks, a foundation will be laid for organizing Kazan Forum business missions to countries in the Arab region. The main objective is to present real opportunities for investment and joint projects and identify priority areas for cooperation. The results of the business missions will form the basis for the substantive discussions of the KazanForum business program in 2026.

The International Economic Forum "Russia – Islamic World: KazanForum" has been held in Kazan annually since 2009. The key objective of the event is to develop economic, trade, and socio-cultural relations between Russia and Islamic countries.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: On holding auctions on September 24, 2025, to place OFZ issues No. 26238RMFS and No. 26245RMFS

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

For bidders

We inform you that, based on a letter from the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Trading on the Stock Market, Deposit Market, and Loan Market of Moscow Exchange PJSC, the order establishes the form, time, duration, and procedure for holding auctions for the placement and trading of the following federal loan bonds:

1.

Name of the Issuer Ministry of Finance of the Russian Federation
Name of the security federal loan bonds with constant coupon income
State registration number of the issue 26238RMFS from June 11, 2021
Date of the auction September 24, 2025
Information about the placement (Trading mode, placement form) The placement of Bonds will be carried out in the “Placement: Auction” trading mode by holding an Auction to determine the placement price.BoardId: PACT (Settlement: Ruble)
Trade code SU26238RMFS4
ISIN code RU000A1038V6
Settlement code B01
Additional conditions of placement

The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
Trading time Trading hours: bid collection period: 14:30 – 15:00; bid execution period: 15:30 – 18:00.

2.

Name of the Issuer Ministry of Finance of the Russian Federation
Name of the security federal loan bonds with constant coupon income
State registration number of the issue 26245RMFS from May 8, 2024
Date of the auction September 24, 2025
Information about the placement (Trading mode, placement form) The placement of Bonds will be carried out in the “Placement: Auction” trading mode by holding an Auction to determine the placement price.BoardId: PACT (Settlement: Ruble)
Trade code SU26245RMFS9
ISIN code RU000A108EG6
Settlement code B01
Additional conditions of placement

The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
Trading time Trading hours: bid collection period: 12:00–12:30; bid execution period: 13:00–18:00.

Contact information for media: 7 (495) 363-3232Pr@moex.kom

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: 09/23/2025, 15-31 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A107XF0 (VEB2P-K503) were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

September 23, 2025

15:31

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by NCC (JSC) on September 23, 2025, 15:31 (Moscow time), the values of the upper limit of the price corridor (up to 107.25) and the range of market risk assessment (up to 1341.9 rubles, equivalent to a rate of 11.25%) for the security RU000A107XF0 (VEB2P-K503) were changed.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.