... Ministry of Economic Development forecasts a 51% increase in average wages by 2028. What does this mean for investors? We explore the impact on consumption, equities, bonds, real estate, and investment strategies in the context of inflation and real income growth. Wage Growth in Russia by 2028: Forecast and Investment Strategies Russia’s medium-term economic outlook points to substantial wage growth in Russia in the coming years. According to the baseline scenario from the Ministry of Economic Development ...

... increase in costs was partially driven by inflationary pressures (salary indexing and other items) as well as significant bank investments in IT infrastructure and the development of digital services. Nevertheless, the rise in expenses slightly outpaced income growth, enabling the cost-to-income ratio to remain around 33%. Investors view this level of expense control positively, as Sber maintains one of the best business cost structures in the sector, ensuring high operational profitability even in challenging ...

... bank's ability to retain most of its income as profit. Recommendations for investors: Investors should pay attention to the steady growth of MTS Bank's key financial indicators, especially the increase in net profit and high return on equity. Significant growth in net interest and commission income indicates the successful development of both traditional banking services and additional services. A low level of operating expenses relative to income indicates effective cost management. Together, these factors make MTS Bank an attractive investment ...

... income, consider stocks of well-known Russian companies, such as "Sberbank," "Gazprom," "Lukoil," and other sector leaders. These companies demonstrate stable financial positions, regularly pay dividends, and have long-term growth prospects. Their stocks may not provide extraordinary returns, but they offer reliable income and are often more resilient during crisis periods. 5. Consider Bonds as a Low-Risk Instrument Bonds are debt instruments that provide fixed income with minimal risks. In Russia, government bonds (OFZ), corporate bonds, and municipal papers are ...

... withdrawal. For long-term goals, IZH is appealing due to its guarantee of tax protection on income upon fulfilling contract terms. Example Portfolio Distribution To illustrate, here is a sample diversified portfolio for 1 million rubles focusing on capital growth (horizon 10+ years): 30% – OFZ and government bonds. Provide reliable coupon income (approximately 15% per annum) with low risk. 30% – Corporate bonds from large issuers. Yield higher income (for example, 15–20%) and balance risk through creditworthy companies. 25% – Stocks. Funds are allocated between domestic "blue ...