New economic reality for the regions of Russia

In the context of significant sanctions pressure in recent years from the countries of the Collective West, Russia's national and regional economies began to function in a new economic reality. The preparatory work carried out by the Government of the Russian Federation in general and the financial sector in particular made it possible to meet these new realities in a more positive way than was predicted by leading global analysts in the spring of 2022. The results of the scientific and analytical research conducted by the author on this topic are presented in this article.