Public Finance and Economic Policy of Metropolis in the Context of Current External Challenges

At the moment a difficult situation is developing, which according to the existing signs will be characterized not only by rather serious sanctions for Russia, but also by a slowdown in the global economy likely problems in the field of energy resources and food security. Thus, if one takes the analogy of past challenges, global and local negative trends are likely to overlap. At the moment when most analysts are very careful about forecasts and possible consequences due to the continued increase of sanctions, uncertainty about the extent of impact on the Russian economy, the authors suggest that rapid and urgent economic actions both on the federal and city levels are preferable. The article examines the impact of these measures and activities, it is concluded that such operational measures make it possible to prevent a significant imbalance of the system, preserve its ability to self-regulate, give signals to redirect resources to higher priority areas.