The Central Bank plans to attract 9 million people to the long-term savings program

The Bank of Russia expects that by 2030 at least nine million people will be involved in the long-term savings program. First Deputy Chairman of the Central Bank Vladimir Chistyukhin stated this at the opening of Finance Day as part of the international exhibition and forum “Russia”.

 

“We would like to believe that at least 1.2 trillion rubles will be concentrated in the long-term savings program,” said a representative of the regulator.

Chistyukhin noted that the long-term savings program is an important tool with the help of which Russians will be able not only to save and increase savings, but also to create early financing of the country’s economy.

He explained that it is fundamentally important for Russia to implement long, complex projects, and this requires long-term money. And a long-term savings program will help create such an asset.

For citizens, this will become a new tool for forming a margin of financial strength.

“A large number of different incentives have been created for this, primarily tax incentives and the possibility of co-financing,” he added.

Let us recall that the long-term savings program in the Russian Federation began to operate on January 1, 2024. It makes it possible to save money with financial support from the state and receive additional income in the future. Also, with its help, you can create an airbag in case of unforeseen life situations. To participate in this program, you must enter into an agreement with a non-state pension fund for at least 15 years.