The department explained that in Russia it is planned to gradually reduce the proportion of citizens who monthly give more than half of their income to pay off loans.
So, by 2024, the index of the debt burden indicator (PDN - the ratio of payments on loans and borrowings to the monthly income of the borrower. - RT ) should not exceed 10% of the monthly income of Russians.
The Bank of Russia said that a high rate of personal income does not always mean a difficult financial situation of a person.
For example, some high-income clients, in which case, still have a significant amount of funds after repaying loans.
The Ministry of Economic Development intends to discuss the introduction of target indicators of credit obligations of Russians at a meeting of the government commission in December.
Since October 1, the Central Bank obliged banks and microfinance organizations to calculate PDNs for borrowers when deciding on a loan in the amount of 10 thousand rubles.