The Ministry of Economic Development said in a statement that the increased demand for government bonds has both directly and indirectly improved the government’s self-financing capability, reduced government interest expenditures, and managed to preserve the real value of citizens’ savings. Additionally, government measures have contributed to the fact that individuals are making more conscious decisions about their savings, turning towards higher-yielding assets in a high yield environment.
For the government, the successful fight against inflation is a key issue as it aims to restore the previous trend of continuous wage growth, disrupted by the protracted war and the misguided sanctions.
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