{"id":19856,"date":"2025-06-13T08:17:47","date_gmt":"2025-06-13T08:17:47","guid":{"rendered":"https:\/\/www.vtmarkets.com\/ar\/uncategorized\/19856\/"},"modified":"2025-07-31T09:39:49","modified_gmt":"2025-07-31T09:39:49","slug":"%d8%a7%d9%84%d9%85%d9%85%d9%84%d9%83%d8%a9-%d8%a7%d9%84%d9%85%d8%aa%d8%ad%d8%af%d8%a9-%d9%88%d8%a8%d9%84%d8%ba%d8%a7%d8%b1%d9%8a%d8%a7-%d9%81%d9%8a-%d9%85%d8%b3%d8%a7%d8%b1%d8%a7%d8%aa-%d8%a7%d9%82","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/ar-mena\/learn\/19856\/","title":{"rendered":"\u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0648\u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0641\u064a \u0645\u0633\u0627\u0631\u0627\u062a \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0645\u062a\u0628\u0627\u064a\u0646\u0629 \u0641\u064a \u0623\u0648\u0631\u0628\u0627 \u0627\u0644\u0645\u062a\u063a\u064a\u0631\u0629"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2025\/05\/Nayel-Aljawabrah_1408x768-1024x559.jpg\" alt=\"\" class=\"wp-image-21718\"\/><\/figure>\n\n\n\n<p>\u0642\u0635\u0629 \u0623\u0648\u0631\u0648\u0628\u0627 \u0627\u0644\u0645\u0646\u0642\u0633\u0645\u0629 \u062a\u062a\u0643\u0634\u0641. \u0641\u0641\u064a \u062d\u064a\u0646 \u062a\u062a\u0639\u0627\u0645\u0644 \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0645\u0639 \u0627\u0644\u0639\u0648\u0627\u0642\u0628 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0627\u0644\u0637\u0648\u064a\u0644\u0629 \u0627\u0644\u0623\u062c\u0644 \u0644\u0627\u0646\u0641\u0635\u0627\u0644\u0647\u0627 \u0639\u0646 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a\u060c \u062a\u0633\u0639\u0649 \u062f\u0648\u0644 \u0645\u062b\u0644 \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0641\u064a \u0627\u0644\u0627\u062a\u062c\u0627\u0647 \u0627\u0644\u0645\u0639\u0627\u0643\u0633\u060c \u0628\u062d\u062b\u0627\u064b \u0639\u0646 \u062a\u0643\u0627\u0645\u0644 \u0627\u0642\u062a\u0635\u0627\u062f\u064a \u0623\u0639\u0645\u0642 \u0645\u0639 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0645\u0646 \u062e\u0644\u0627\u0644 \u0627\u0639\u062a\u0645\u0627\u062f \u0627\u0644\u064a\u0648\u0631\u0648.<\/p>\n\n\n\n<p>\u062a\u0624\u0643\u062f \u0627\u0644\u0628\u064a\u0627\u0646\u0627\u062a \u0627\u0644\u0623\u062e\u064a\u0631\u0629 \u0627\u0644\u0627\u062a\u062c\u0627\u0647\u0627\u062a \u0627\u0644\u0645\u062a\u0628\u0627\u064a\u0646\u0629 \u0628\u0634\u0643\u0644 \u0648\u0627\u0636\u062d \u0628\u064a\u0646 \u0627\u0644\u0628\u0644\u062f\u064a\u0646\u060c \u062d\u064a\u062b \u062a\u0648\u0627\u062c\u0647 \u0625\u062d\u062f\u0627\u0647\u0645\u0627 \u062a\u0643\u0627\u0644\u064a\u0641 \u0627\u0644\u0627\u0646\u0641\u0635\u0627\u0644 \u0628\u064a\u0646\u0645\u0627 \u062a\u0628\u0646\u064a \u0627\u0644\u0623\u062e\u0631\u0649 \u0645\u0633\u062a\u0642\u0628\u0644\u0647\u0627 \u0639\u0644\u0649 \u0627\u0644\u0634\u0645\u0648\u0644.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">At least 10% of the UK\u2019s wealthy non-dom population have left the country following tighter tax rules introduced by Prime Minister Keir Starmer\u2019s Labour government, according to a new report authored by a former Treasury economist <a href=\"https:\/\/t.co\/Z8HMabfG3v\">https:\/\/t.co\/Z8HMabfG3v<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1929325096935592032?ref_src=twsrc%5Etfw\">June 1, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\u0634\u0647\u062f\u062a \u0623\u0648\u0631\u0648\u0628\u0627 \u0641\u064a \u0627\u0644\u0633\u0646\u0648\u0627\u062a \u0627\u0644\u0623\u062e\u064a\u0631\u0629 \u062a\u062d\u0648\u0644\u0627\u062a \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0648\u062a\u062c\u0627\u0648\u0632\u0627\u062a \u062d\u062f\u0648\u062f\u064a\u0629 \u0639\u0645\u064a\u0642\u0629\u060c \u0623\u0628\u0631\u0632\u0647\u0627 \u0643\u0627\u0646 \u062e\u0631\u0648\u062c \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0645\u0646 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0641\u064a \u0623\u0639\u0642\u0627\u0628 \u0627\u0633\u062a\u0641\u062a\u0627\u0621 \u064a\u0648\u0646\u064a\u0648 2016.<\/p>\n\n\n\n<p>\u0645\u0646\u0630 \u0630\u0644\u0643 \u0627\u0644\u062d\u064a\u0646\u060c \u0627\u062a\u0641\u0642 \u0627\u0644\u0645\u062d\u0644\u0644\u0648\u0646 \u0648\u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0648\u0646 \u0628\u0634\u0643\u0644 \u0643\u0628\u064a\u0631 \u0639\u0644\u0649 \u0623\u0646 \u062e\u0631\u0648\u062c \u0628\u0631\u064a\u0637\u0627\u0646\u064a\u0627 \u0645\u0646 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0641\u0631\u0636 \u062a\u0643\u0627\u0644\u064a\u0641 \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u062f\u0627\u0626\u0645\u0629 \u0639\u0644\u0649 \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629\u060c \u062a\u062a\u0631\u0627\u0648\u062d \u0628\u064a\u0646 \u062a\u0642\u0644\u064a\u0644 \u062f\u062e\u0644 \u0627\u0644\u0623\u0633\u0631 \u0625\u0644\u0649 \u062a\u0636\u062e\u0645 \u0645\u0633\u062a\u0645\u0631 \u0648\u0627\u0646\u0643\u0645\u0627\u0634 \u0637\u0648\u064a\u0644 \u0627\u0644\u0623\u0645\u062f \u0641\u064a \u0627\u0644\u0646\u0627\u062a\u062c \u0627\u0644\u0645\u062d\u0644\u064a \u0627\u0644\u0625\u062c\u0645\u0627\u0644\u064a.<\/p>\n\n\n\n<p>\u064a\u062a\u0648\u0642\u0639 \u062e\u0632\u064a\u0646\u0629 \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0623\u0646 \u064a\u0643\u0648\u0646 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f \u0623\u0635\u063a\u0631 \u0628\u0646\u0633\u0628\u0629 3.9% \u0639\u0644\u0649 \u0645\u062f\u0649 \u0623\u0641\u0642 \u062e\u0645\u0633 \u0639\u0634\u0631\u0629 \u0633\u0646\u0629 \u0645\u0645\u0627 \u0643\u0627\u0646 \u0633\u064a\u0635\u0628\u062d \u0639\u0644\u064a\u0647 \u0644\u0648 \u0627\u0633\u062a\u0645\u0631\u062a \u0627\u0644\u0628\u0644\u0627\u062f \u0641\u064a \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a.<\/p>\n\n\n\n<p>\u064a\u062b\u064a\u0631 \u0627\u0644\u0646\u0638\u0631 \u0639\u0646 \u0643\u062b\u0628 \u0625\u0644\u0649 \u0623\u062f\u0627\u0621 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f \u0627\u0644\u0628\u0631\u064a\u0637\u0627\u0646\u064a \u0645\u0646\u0630 \u0639\u0627\u0645 2016 \u0641\u062a\u0631\u0629 \u0645\u0646 \u0639\u062f\u0645 \u0627\u0644\u0627\u0633\u062a\u0642\u0631\u0627\u0631 \u062a\u0644\u0627\u0647\u0627 \u062a\u0628\u0627\u0637\u0624 \u0643\u0628\u064a\u0631. \u062d\u064a\u062b \u0643\u0627\u0646 \u0627\u0644\u0646\u0645\u0648 \u0627\u0644\u0633\u0646\u0648\u064a \u0644\u0644\u0646\u0627\u062a\u062c \u0627\u0644\u0645\u062d\u0644\u064a \u0627\u0644\u0625\u062c\u0645\u0627\u0644\u064a 1.9% \u0641\u064a \u0639\u0627\u0645 2016 \u06482.7% \u0641\u064a 2017\u060c \u0642\u0628\u0644 \u0623\u0646 \u064a\u0639\u062a\u062f\u0644 \u0625\u0644\u0649 1.4% \u0641\u064a 2018 \u06481.6% \u0641\u064a 2019. \u062a\u0633\u0628\u0628 \u062c\u0627\u0626\u062d\u0629 \u0643\u0648\u0641\u064a\u062f-19 \u0641\u064a \u0627\u0646\u0643\u0645\u0627\u0634 \u062d\u0627\u062f \u0628\u0644\u063a 10.3% \u0641\u064a \u0639\u0627\u0645 2020\u060c \u062a\u0644\u0627\u0647 \u0627\u0646\u062a\u0639\u0627\u0634 \u0642\u0648\u064a \u0628\u0644\u063a 8.6% \u0641\u064a \u0639\u0627\u0645 2021.<\/p>\n\n\n\n<p>\u0627\u0633\u062a\u0645\u0631 \u0627\u0644\u0646\u0645\u0648 \u0639\u0646\u062f 4.8% \u0641\u064a 2022\u060c \u0644\u0643\u0646\u0647 \u062a\u0628\u0627\u0637\u0623 \u0628\u0634\u0643\u0644 \u0643\u0628\u064a\u0631 \u0644\u064a\u0635\u0644 \u0625\u0644\u0649 0.4% \u0641\u0642\u0637 \u0641\u064a 2023 (\u062a\u0634\u064a\u0631 \u0628\u0639\u0636 \u0627\u0644\u0645\u0635\u0627\u062f\u0631 \u0625\u0644\u0649 0.1%). \u064a\u0634\u064a\u0631 \u0647\u0630\u0627 \u0627\u0644\u0646\u0645\u0637 \u0625\u0644\u0649 \u0623\u0646 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f \u0627\u0644\u0628\u0631\u064a\u0637\u0627\u0646\u064a \u0642\u062f \u0627\u0633\u062a\u0642\u0631 \u0639\u0644\u0649 &#8220;\u0647\u0636\u0628\u0629 \u0645\u0639\u0642\u062f\u0629&#8221; \u0628\u0639\u062f \u0627\u0646\u062a\u0639\u0627\u0634 \u0623\u0648\u0644\u064a \u0639\u0644\u0649 \u0634\u0643\u0644 \u062d\u0631\u0641 V \u0645\u0646 \u0635\u062f\u0645\u0629 \u0627\u0644\u062c\u0627\u0626\u062d\u0629.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2025\/06\/image-13.png\" alt=\"\" class=\"wp-image-24353\"\/><\/figure><\/div>\n\n\n<p>\u0643\u0645\u0627 \u0648\u0627\u062c\u0647\u062a \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0636\u063a\u0648\u0637 \u062a\u0636\u062e\u0645 \u0643\u0628\u064a\u0631\u0629. \u0633\u062c\u0644 \u0645\u0624\u0634\u0631 \u0623\u0633\u0639\u0627\u0631 \u0627\u0644\u0645\u0633\u062a\u0647\u0644\u0643\u064a\u0646 \u0627\u0644\u0645\u0646\u0633\u0642 (HICP) <a href=\"https:\/\/researchbriefings.files.parliament.uk\/documents\/SN02794\/SN02794.pdf\" target=\"_blank\" rel=\"noopener\" title=\"\">\u0632\u064a\u0627\u062f\u0627\u062a \u0633\u0646\u0648\u064a\u0629 \u0628\u0646\u0633\u0628 9.1% \u0641\u064a 2022 \u06487.3% \u0641\u064a 2023<\/a>. \u0648\u0628\u064a\u0646\u0645\u0627 \u0627\u0646\u062e\u0641\u0636 \u0627\u0644\u062a\u0636\u062e\u0645 \u0625\u0644\u0649 2.5% \u0644\u0639\u0627\u0645 2024\u060c \u0648\u0633\u064f\u062c\u0651\u0650\u0644 \u0639\u0646\u062f 3.5% \u0641\u064a \u0623\u0628\u0631\u064a\u0644 2025\u060c \u0643\u0627\u0646 \u0644\u0641\u062a\u0631\u0629 \u0627\u0644\u062a\u0636\u062e\u0645 \u0627\u0644\u0639\u0627\u0644\u064a \u062a\u0623\u062b\u064a\u0631 \u0643\u0628\u064a\u0631.<\/p>\n\n\n\n<p>\u0628\u0627\u0644\u0645\u0642\u0627\u0631\u0646\u0629\u060c \u0643\u0627\u0646 \u062a\u0636\u062e\u0645 \u0645\u0624\u0634\u0631 \u0623\u0633\u0639\u0627\u0631 \u0627\u0644\u0645\u0633\u062a\u0647\u0644\u0643\u064a\u0646 \u0641\u064a \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u064a\u0648\u0631\u0648 8.4% \u0641\u064a 2022\u060c \u06485.4% \u0641\u064a 2023\u060c \u06482.4% \u0641\u064a 2024. \u0648\u0634\u0647\u062f\u062a \u0623\u0644\u0645\u0627\u0646\u064a\u0627 \u0645\u0639\u062f\u0644\u0627\u062a \u0628\u0644\u063a\u062a 8.7%\u060c \u06486.0%\u060c \u06482.5% \u0639\u0644\u0649 \u0627\u0644\u062a\u0648\u0627\u0644\u064a\u060c \u0641\u064a \u062d\u064a\u0646 \u0633\u062c\u0644\u062a \u0641\u0631\u0646\u0633\u0627 5.9%\u060c \u06485.7%\u060c \u06482.3% \u0644\u0646\u0641\u0633 \u0627\u0644\u0633\u0646\u0648\u0627\u062a.<\/p>\n\n\n\n<p>\u0623\u062f\u0649 \u062a\u0646\u0641\u064a\u0630 \u0627\u062a\u0641\u0627\u0642\u064a\u0629 \u0627\u0644\u062a\u062c\u0627\u0631\u0629 \u0648\u0627\u0644\u062a\u0639\u0627\u0648\u0646 (TCA) \u0641\u064a \u064a\u0646\u0627\u064a\u0631 2021 \u0625\u0644\u0649 <a href=\"https:\/\/cepr.org\/voxeu\/columns\/deep-integration-and-trade-uk-firms-wake-brexit\" target=\"_blank\" rel=\"noopener\" title=\"\">\u062a\u0631\u0627\u062c\u0639 \u0642\u0635\u064a\u0631 \u0627\u0644\u0623\u062c\u0644 \u0641\u064a \u0635\u0627\u062f\u0631\u0627\u062a \u0627\u0644\u0633\u0644\u0639 \u0628\u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0625\u0644\u0649 \u0627\u0644\u0639\u0627\u0644\u0645<\/a> \u0628\u0646\u0633\u0628\u0629 6.4% \u0648\u0627\u0646\u062e\u0641\u0627\u0636 \u0627\u0644\u0648\u0627\u0631\u062f\u0627\u062a \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629 \u0628\u0646\u0633\u0628\u0629 3.1% \u0639\u0644\u0649 \u0627\u0644\u0623\u0642\u0644. \u0648\u0643\u0627\u0646 \u0627\u0644\u062f\u0627\u0641\u0639 \u0627\u0644\u0631\u0626\u064a\u0633\u064a \u0644\u0647\u0630\u0647 \u0627\u0644\u0641\u062a\u0631\u0629 \u0647\u0648 \u0627\u0644\u0627\u0646\u062e\u0641\u0627\u0636 \u0628\u0646\u0633\u0628\u0629 13.2% \u0641\u064a \u0635\u0627\u062f\u0631\u0627\u062a \u0627\u0644\u0633\u0644\u0639 \u0627\u0644\u0628\u0631\u064a\u0637\u0627\u0646\u064a\u0629 \u0625\u0644\u0649 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2025\/06\/image-11-1024x237.png\" alt=\"\" class=\"wp-image-24350\"\/><\/figure>\n\n\n\n<p>\u0627\u0644\u062c\u062f\u064a\u0631 \u0628\u0627\u0644\u0630\u0643\u0631 \u0623\u0646 \u0647\u0630\u0627 \u0627\u0644\u062a\u0631\u0627\u062c\u0639 \u0641\u064a \u0627\u0644\u062a\u062c\u0627\u0631\u0629 \u0645\u0639 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0648\u0642\u0639 \u0628\u0634\u0643\u0644 \u0623\u0633\u0627\u0633\u064a \u0639\u0644\u0649 \u0639\u0627\u062a\u0642 \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0627\u0644\u0635\u063a\u064a\u0631\u0629\u061b \u062d\u064a\u062b \u0634\u0647\u062f \u0627\u0644\u062e\u064f\u0645\u0633 \u0627\u0644\u0623\u0635\u063a\u0631 \u0645\u0646 \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0627\u0646\u062e\u0641\u0627\u0636\u064b\u0627 \u0641\u064a \u0635\u0627\u062f\u0631\u0627\u062a\u0647\u0627 \u0627\u0644\u0646\u0633\u0628\u064a\u0629 \u0625\u0644\u0649 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0628\u0646\u0633\u0628\u0629 30%\u060c \u0628\u064a\u0646\u0645\u0627 \u0644\u0645 \u062a\u0634\u0647\u062f \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0627\u0644\u0623\u0643\u0628\u0631 \u0623\u064a \u062a\u0631\u0627\u062c\u0639 \u0630\u064a \u0623\u0647\u0645\u064a\u0629 \u0625\u062d\u0635\u0627\u0626\u064a\u0629.<\/p>\n\n\n\n<p>\u0644\u0645 \u064a\u0643\u0646 \u0647\u0646\u0627\u0643 \u062f\u0644\u064a\u0644 \u0639\u0644\u0649 \u062a\u0623\u062b\u0631 \u0635\u0627\u062f\u0631\u0627\u062a \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0628\u0634\u0643\u0644 \u063a\u064a\u0631 \u0645\u0628\u0627\u0634\u0631 \u0625\u0644\u0649 \u0628\u0627\u0642\u064a \u0623\u0646\u062d\u0627\u0621 \u0627\u0644\u0639\u0627\u0644\u0645 \u0628\u0648\u0627\u0633\u0637\u0629 \u0627\u062a\u0641\u0627\u0642\u064a\u0629 \u0627\u0644\u062a\u062c\u0627\u0631\u0629 \u0648\u0627\u0644\u062a\u0646\u0638\u064a\u0645\u060c \u0645\u0645\u0627 \u064a\u0634\u064a\u0631 \u0625\u0644\u0649 \u0623\u0646 \u0627\u0644\u062a\u062e\u0641\u064a\u0636 \u0641\u064a \u0635\u0627\u062f\u0631\u0627\u062a \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0645\u062b\u0644 \u062e\u0633\u0627\u0631\u0629 \u0635\u0627\u0641\u064a\u0629 \u062e\u0644\u0627\u0644 \u0627\u0644\u0641\u062a\u0631\u0629 \u0627\u0644\u0645\u062f\u0631\u0648\u0633\u0629. \u064a\u0645\u0643\u0646 \u0623\u0646 \u062a\u0643\u0648\u0646 \u0627\u0644\u0628\u064a\u0627\u0646\u0627\u062a \u0627\u0644\u0634\u0647\u0631\u064a\u0629 \u0645\u062a\u0630\u0628\u0630\u0628\u0629\u061b \u0639\u0644\u0649 \u0633\u0628\u064a\u0644 \u0627\u0644\u0645\u062b\u0627\u0644\u060c \u0641\u064a \u0645\u0627\u0631\u0633 2025\u060c \u0627\u0631\u062a\u0641\u0639\u062a \u0625\u062c\u0645\u0627\u0644\u064a \u0635\u0627\u062f\u0631\u0627\u062a \u0627\u0644\u0633\u0644\u0639 \u0627\u0644\u0628\u0631\u064a\u0637\u0627\u0646\u064a\u0629 \u0628\u0646\u0633\u0628\u0629 0.8%\u060c \u0645\u0639 \u0632\u064a\u0627\u062f\u0629 \u0627\u0644\u0635\u0627\u062f\u0631\u0627\u062a \u0625\u0644\u0649 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0628\u0646\u0633\u0628\u0629 1.6%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">\u0631\u0647\u0627\u0646 \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0639\u0644\u0649 \u0627\u0644\u064a\u0648\u0631\u0648<\/h2>\n\n\n\n<p>\u0641\u064a \u0627\u0644\u0645\u0642\u0627\u0628\u0644\u060c \u062a\u062a\u062e\u0630 \u062f\u0648\u0644 \u0645\u062b\u0644 \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u062e\u0637\u0648\u0627\u062a \u062d\u0627\u0633\u0645\u0629 \u0644\u062a\u0639\u0645\u064a\u0642 \u062f\u0645\u062c\u0647\u0627 \u0641\u064a \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a. \u0645\u0646 \u062e\u0644\u0627\u0644 \u0627\u0644\u0633\u0639\u064a \u0644\u0644\u0627\u0646\u0636\u0645\u0627\u0645 \u0625\u0644\u0649 \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u064a\u0648\u0631\u0648\u060c \u0644\u0627 \u062a\u0642\u0648\u0645 \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0641\u0642\u0637 \u0628\u062a\u0642\u0631\u064a\u0628 \u0646\u0641\u0633\u0647\u0627 \u0645\u0646 \u0628\u0631\u0648\u0643\u0633\u0644\u060c \u0628\u0644 \u062a\u062a\u0628\u0646\u0649 \u0623\u064a\u0636\u064b\u0627 \u0647\u0648\u064a\u0629 \u0646\u0642\u062f\u064a\u0629 \u062c\u0645\u0627\u0639\u064a\u0629.<\/p>\n\n\n\n<p>\u062a\u0644\u0642\u062a \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0627\u0644\u0636\u0648\u0621 \u0627\u0644\u0623\u062e\u0636\u0631 \u0645\u0646 \u0643\u0644 \u0645\u0646 \u0627\u0644\u0645\u0641\u0648\u0636\u064a\u0629 \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a\u0629 \u0648\u0627\u0644\u0628\u0646\u0643 \u0627\u0644\u0645\u0631\u0643\u0632\u064a \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0644\u0644\u0627\u0646\u0636\u0645\u0627\u0645 \u0625\u0644\u0649 \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u064a\u0648\u0631\u0648\u060c \u0645\u0645\u0627 \u064a\u062c\u0639\u0644 \u062d\u0643\u0648\u0645\u062a\u0647\u0627 \u062a\u0633\u062a\u0647\u062f\u0641 \u062a\u0627\u0631\u064a\u062e \u0627\u0644\u0627\u0646\u0636\u0645\u0627\u0645 \u0641\u064a 1 \u064a\u0646\u0627\u064a\u0631 2026.<\/p>\n\n\n\n<p>\u0648\u0635\u0641 \u0631\u0626\u064a\u0633 \u0627\u0644\u0648\u0632\u0631\u0627\u0621 \u0627\u0644\u0628\u0644\u063a\u0627\u0631\u064a \u0646\u064a\u0643\u0648\u0644\u0627\u064a \u062f\u064a\u0646\u0643\u0648\u0641 \u0627\u0646\u0636\u0645\u0627\u0645 \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u064a\u0648\u0631\u0648 \u0643\u0623\u0648\u0644\u0648\u064a\u0629 \u0642\u0635\u0648\u0649 \u0644\u062d\u0643\u0648\u0645\u062a\u0647\u060c \u0645\u0634\u064a\u0631\u064b\u0627 \u0625\u0644\u0649 \u0627\u0644\u0642\u062f\u0631\u0629 \u0639\u0644\u0649 \u062a\u0639\u0632\u064a\u0632 \u0627\u0644\u0627\u0633\u062a\u0642\u0631\u0627\u0631 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a \u0627\u0644\u0643\u0644\u064a \u0648\u062a\u062d\u0641\u064a\u0632 \u0627\u0644\u0646\u0645\u0648.<\/p>\n\n\n\n<p>\u0623\u0638\u0647\u0631\u062a \u0627\u0642\u062a\u0635\u0627\u062f \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0645\u0642\u0627\u0648\u0645\u0629\u060c \u062d\u064a\u062b \u0646\u0645\u0627 \u0627\u0644\u0646\u0627\u062a\u062c \u0627\u0644\u0645\u062d\u0644\u064a \u0627\u0644\u0625\u062c\u0645\u0627\u0644\u064a \u0627\u0644\u062d\u0642\u064a\u0642\u064a \u0628\u0646\u0633\u0628\u0629 2.8% \u0641\u064a 2024 (\u062a\u0634\u064a\u0631 \u062a\u0642\u062f\u064a\u0631\u0627\u062a \u0623\u062e\u0631\u0649 \u0625\u0644\u0649 2.3%). \u0648\u062a\u0648\u0642\u0639\u0627\u062a \u0644\u0639\u0627\u0645 2025 \u062a\u062a\u0646\u0628\u0623 \u0628\u0646\u0645\u0648 \u0628\u064a\u0646 2.0% \u06482.4%\u060c \u0648\u062d\u0648\u0627\u0644\u064a 2.1% \u0625\u0644\u0649 2.7% \u0641\u064a 2026.<\/p>\n\n\n\n<p>\u0648\u0645\u0639 \u0630\u0644\u0643\u060c \u0644\u0645 \u062a\u0644\u0642\u064e \u0627\u0644\u0642\u0631\u0627\u0631 \u062a\u0631\u062d\u064a\u0628\u0627 \u0639\u0627\u0644\u0645\u064a\u0627. \u0623\u0638\u0647\u0631 \u0627\u0633\u062a\u0637\u0644\u0627\u0639 \u0627\u0644\u064a\u0648\u0631\u0648\u0628\u0627\u0631\u0648\u0645\u064a\u062a\u0631 \u0641\u064a \u0623\u0648\u0627\u062e\u0631 \u0645\u0627\u064a\u0648 2025 \u062a\u0642\u0627\u0631\u0628 \u0627\u0644\u0631\u0623\u064a \u0627\u0644\u0639\u0627\u0645\u060c \u062d\u064a\u062b \u0643\u0627\u0646\u062a \u0627\u0644\u062f\u0639\u0645 \u0648\u0627\u0644\u0645\u0639\u0627\u0631\u0636\u0629 \u062d\u0648\u0644 50%. \u0623\u0634\u0627\u0631\u062a \u0627\u0633\u062a\u0637\u0644\u0627\u0639 \u0623\u0644\u0641\u0627 \u0631\u064a\u0633\u064a\u0631\u0634 \u0641\u064a \u064a\u0648\u0646\u064a\u0648 2025 \u0625\u0644\u0649 \u0623\u0646 46.5% \u0645\u0646 \u0627\u0644\u062c\u0645\u0647\u0648\u0631 \u064866% \u0645\u0646 \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u062a\u0624\u064a\u062f \u0627\u0644\u0627\u0646\u0636\u0645\u0627\u0645.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2025\/06\/image-12.png\" alt=\"\" class=\"wp-image-24351\"\/><\/figure><\/div>\n\n\n<p>\u064a\u062e\u0634\u0649 \u0627\u0644\u0639\u062f\u064a\u062f \u0645\u0646 \u0627\u0644\u0628\u0644\u063a\u0627\u0631\u064a\u064a\u0646 &#8211; \u062e\u0635\u0648\u0635\u064b\u0627 \u0641\u064a \u0627\u0644\u0645\u0646\u0627\u0637\u0642 \u0627\u0644\u0631\u064a\u0641\u064a\u0629 \u0648\u0627\u0644\u0645\u0646\u0627\u0637\u0642 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0627\u0644\u0647\u0634\u0629 &#8211; \u0623\u0646 \u064a\u0624\u062f\u064a \u0627\u0644\u062a\u063a\u064a\u064a\u0631 \u0625\u0644\u0649 \u0627\u0644\u064a\u0648\u0631\u0648 \u0625\u0644\u0649 \u0632\u064a\u0627\u062f\u0629 \u0641\u064a \u0627\u0644\u0623\u0633\u0639\u0627\u0631 \u0648\u064a\u0642\u0648\u0636 \u0642\u062f\u0631\u062a\u0647\u0645 \u0627\u0644\u0634\u0631\u0627\u0626\u064a\u0629.<\/p>\n\n\n\n<p>\u0648\u0645\u0639 \u0630\u0644\u0643\u060c \u064a\u0642\u062a\u0631\u062d \u0627\u0644\u062e\u0628\u0631\u0627\u0621 \u0623\u0646 \u062a\u0623\u062b\u064a\u0631\u0627\u062a \u0627\u0644\u062a\u0636\u062e\u0645 \u0647\u0630\u0647 \u0645\u0646 \u0627\u0644\u0645\u062d\u062a\u0645\u0644 \u0623\u0646 \u062a\u0643\u0648\u0646 \u0636\u0626\u064a\u0644\u0629. \u062a\u0628\u0627\u0637\u0623 \u062a\u0636\u062e\u0645 \u0645\u0624\u0634\u0651\u0631 \u0623\u0633\u0639\u0627\u0631 \u0627\u0644\u0645\u0633\u062a\u0647\u0644\u0643\u064a\u0646 \u0627\u0644\u0645\u0646\u0633\u0642 \u0641\u064a \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0625\u0644\u0649 2.6% \u0641\u064a 2024\u060c \u0648\u0643\u0645\u0627 \u0641\u064a \u0623\u0628\u0631\u064a\u0644 (\u0641\u064a \u0633\u064a\u0627\u0642 \u062a\u0642\u064a\u064a\u0645 \u064a\u0648\u0646\u064a\u0648 2025)\u060c \u0643\u0627\u0646 \u0645\u062a\u0648\u0633\u0637 \u0627\u0644\u0627\u062b\u0646\u064a \u0639\u0634\u0631 \u0634\u0647\u0631\u064b\u0627 2.7%\u060c \u0648\u0647\u0648 \u0623\u0642\u0644 \u0642\u0644\u064a\u0644\u0627\u064b \u0645\u0646 \u0627\u0644\u0645\u0639\u062f\u0644 \u0627\u0644\u0645\u0631\u062c\u0639\u064a \u0627\u0644\u0645\u062d\u062a\u0645\u0644 2.8% \u0644\u062a\u062d\u0642\u064a\u0642 \u0645\u0639\u064a\u0627\u0631 \u0627\u0633\u062a\u0642\u0631\u0627\u0631 \u0627\u0644\u0623\u0633\u0639\u0627\u0631. \u062a\u062a\u0648\u0642\u0639 \u0627\u0644\u0645\u0641\u0648\u0636\u064a\u0629 \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a\u0629 \u0623\u0646 \u064a\u0643\u0648\u0646 \u062a\u0636\u062e\u0645 \u0645\u0624\u0634\u0651\u0631 \u0623\u0633\u0639\u0627\u0631 \u0627\u0644\u0645\u0633\u062a\u0647\u0644\u0643\u064a\u0646 \u0627\u0644\u0645\u0646\u0633\u0642 \u0628\u0646\u0633\u0628\u0629 3.6% \u0644\u0639\u0627\u0645 2025 \u0642\u0628\u0644 \u0627\u0644\u0627\u0646\u062e\u0641\u0627\u0636 \u0625\u0644\u0649 1.8% \u0641\u064a 2026.<\/p>\n\n\n\n<p>\u0639\u0644\u0627\u0648\u0629 \u0639\u0644\u0649 \u0630\u0644\u0643\u060c \u062a\u0645 \u062a\u062b\u0628\u064a\u062a \u0627\u0644\u0639\u0645\u0644\u0629 \u0627\u0644\u0628\u0644\u063a\u0627\u0631\u064a\u0629\u060c \u0627\u0644\u0644\u064a\u0641\u0627\u060c \u0628\u0645\u0639\u062f\u0644 \u062b\u0627\u0628\u062a \u064a\u0642\u062f\u0631 \u0628\u062d\u0648\u0627\u0644\u064a 1.95583 \u0644\u064a\u0641\u0627 \u0644\u0644\u064a\u0648\u0631\u0648 \u0627\u0644\u0648\u0627\u062d\u062f \u0645\u0646 \u062e\u0644\u0627\u0644 \u062a\u0631\u062a\u064a\u0628 \u0645\u062c\u0644\u0633 \u0627\u0644\u0639\u0645\u0644\u0629 \u0645\u0646\u0630 \u0623\u0648\u0627\u062e\u0631 \u062a\u0633\u0639\u064a\u0646\u0627\u062a \u0627\u0644\u0642\u0631\u0646 \u0627\u0644\u0645\u0627\u0636\u064a. \u0645\u0645\u0627 \u064a\u0639\u0646\u064a \u0623\u0646 \u0627\u0644\u0627\u0646\u062a\u0642\u0627\u0644 \u0647\u0648 \u0623\u0645\u0631 \u0631\u0645\u0632\u064a \u0623\u0643\u062b\u0631 \u0645\u0646\u0647 \u0647\u064a\u0643\u0644\u064a\u060c \u0648\u0645\u0646 \u063a\u064a\u0631 \u0627\u0644\u0645\u062d\u062a\u0645\u0644 \u062d\u062f\u0648\u062b \u062a\u0642\u0644\u0628\u0627\u062a \u0641\u064a \u0627\u0644\u0623\u0633\u0639\u0627\u0631.<\/p>\n\n\n\n<p>\u0623\u0638\u0647\u0631\u062a \u062a\u062c\u0631\u0628\u0629 \u0643\u0631\u0648\u0627\u062a\u064a\u0627\u060c \u0627\u0644\u062a\u064a \u062a\u0628\u0646\u062a \u0627\u0644\u064a\u0648\u0631\u0648 \u0641\u064a \u064a\u0646\u0627\u064a\u0631 2023\u060c \u062a\u0623\u062b\u064a\u0631\u064b\u0627 \u062a\u0636\u062e\u0645\u064a\u064b\u0627 &#8220;\u0636\u0626\u064a\u0644\u0627\u064b&#8221; \u0648&#8221;\u0645\u0624\u0642\u062a\u064b\u0627&#8221;\u060c \u0648\u0642\u062f\u0631 \u0645\u0643\u062a\u0628 \u0627\u0644\u0625\u062d\u0635\u0627\u0621 \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a &#8220;\u064a\u0648\u0631\u0648\u0633\u062a\u0627\u062a&#8221; \u0630\u0644\u0643 \u0628\u064a\u0646 0.04 \u0625\u0644\u0649 0.20 \u0646\u0642\u0637\u0629 \u0645\u0626\u0648\u064a\u0629 \u0641\u064a \u0627\u0644\u0634\u0647\u0631 \u0641\u064a \u0623\u0648\u0627\u0626\u0644 2023.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">\u0646\u0638\u0631\u0629 \u0623\u0642\u0631\u0628 \u0639\u0644\u0649 \u0627\u0644\u0622\u062b\u0627\u0631 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629<\/h2>\n\n\n\n<p>\u0627\u0644\u0627\u0646\u0636\u0645\u0627\u0645 \u0625\u0644\u0649 \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u064a\u0648\u0631\u0648 \u0633\u064a\u0636\u0639 \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u062a\u062d\u062a \u0625\u0634\u0631\u0627\u0641 \u0627\u0644\u0628\u0646\u0643 \u0627\u0644\u0645\u0631\u0643\u0632\u064a \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a\u060c \u0645\u0645\u0627 \u0633\u064a\u0639\u0632\u0632 \u0645\u0624\u0633\u0633\u0627\u062a\u0647\u0627 \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0648\u064a\u0631\u0633\u062e \u062b\u0642\u0629 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u064a\u0646. \u0645\u0646 \u0627\u0644\u0645\u0631\u062c\u062d \u0623\u0646 \u064a\u062c\u0630\u0628 \u0647\u0630\u0627 \u0627\u0644\u062a\u062d\u0648\u0644 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0623\u062c\u0646\u0628\u064a \u0627\u0644\u0645\u0628\u0627\u0634\u0631 (FDI) \u0648\u064a\u062d\u0633\u0646 \u0645\u0633\u062a\u0648\u0649 \u0627\u0644\u0627\u0626\u062a\u0645\u0627\u0646 \u0627\u0644\u062f\u0648\u0644\u064a \u0644\u0628\u0644\u063a\u0627\u0631\u064a\u0627.<\/p>\n\n\n\n<p>\u0643\u0627\u0646 \u062a\u062f\u0641\u0642 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0623\u062c\u0646\u0628\u064a \u0627\u0644\u0645\u0628\u0627\u0634\u0631 \u064a\u0639\u0627\u062f\u0644 2.8% \u0645\u0646 \u0627\u0644\u0646\u0627\u062a\u062c \u0627\u0644\u0645\u062d\u0644\u064a \u0627\u0644\u0625\u062c\u0645\u0627\u0644\u064a \u0641\u064a 2024 \u0648\u0641\u0642\u064b\u0627 \u0644\u0623\u062d\u062f \u0627\u0644\u0627\u0633\u062a\u0637\u0644\u0627\u0639\u0627\u062a\u060c \u0631\u063a\u0645 \u0623\u0646 \u0627\u0644\u0628\u0646\u0643 \u0627\u0644\u0648\u0637\u0646\u064a \u0627\u0644\u0628\u0644\u063a\u0627\u0631\u064a \u0623\u0628\u0644\u063a \u0639\u0646 \u062a\u0628\u0627\u0637\u0624\u060c \u062d\u064a\u062b \u0632\u0627\u062f \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0623\u062c\u0646\u0628\u064a \u0627\u0644\u0645\u0628\u0627\u0634\u0631 \u0628\u0645\u0642\u062f\u0627\u0631 1.498 \u0645\u0644\u064a\u0627\u0631 \u064a\u0648\u0631\u0648 \u0641\u064a 2024\u060c \u0627\u0646\u062e\u0641\u0627\u0636\u064b\u0627 \u0645\u0646 3.284 \u0645\u0644\u064a\u0627\u0631 \u064a\u0648\u0631\u0648 \u0641\u064a 2023.<\/p>\n\n\n\n<p>\u062a\u0631\u0628\u0637 \u0648\u0643\u0627\u0644\u0627\u062a \u062a\u0642\u064a\u064a\u0645 \u0627\u0644\u0627\u0626\u062a\u0645\u0627\u0646 \u0627\u0644\u0633\u064a\u0627\u062f\u064a \u0628\u064a\u0646 \u0627\u0644\u0646\u0638\u0631\u0627\u062a \u0627\u0644\u0625\u064a\u062c\u0627\u0628\u064a\u0629 \u0648\u0627\u0644\u0632\u064a\u0627\u062f\u0629 \u0641\u064a \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u064a\u0648\u0631\u0648: <a href=\"https:\/\/disclosure.spglobal.com\/ratings\/en\/regulatory\/article\/-\/view\/type\/HTML\/id\/3376116\" target=\"_blank\" rel=\"noopener\" title=\"\">\u0623\u0643\u0651\u062f\u062a S&amp;P Global Ratings \u0644\u062a\u0635\u0646\u064a\u0641 \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0639\u0646\u062f &#8216;BBB\/A-2&#8217; \u0645\u0639 \u0646\u0638\u0631\u0629 \u0625\u064a\u062c\u0627\u0628\u064a\u0629 \u0641\u064a \u0645\u0627\u064a\u0648 2025<\/a>; \u0623\u0643\u062f\u062a \u0645\u0648\u062f\u064a\u0632 \u0639\u0644\u0649 \u0627\u0644\u062a\u0635\u0646\u064a\u0641 &#8216;Baa1&#8217; \u0645\u0639 \u0646\u0638\u0631\u0629 \u0645\u0633\u062a\u0642\u0631\u0629 \u0641\u064a \u064a\u0646\u0627\u064a\u0631 2025\u060c \u0645\u062a\u0648\u0642\u0639\u0629 \u0627\u0639\u062a\u0645\u0627\u062f \u0627\u0644\u064a\u0648\u0631\u0648 \u0641\u064a \u064a\u0646\u0627\u064a\u0631 2026 \u061b \u0648\u0623\u0643\u062f\u062a \u0641\u064a\u062a\u0634 \u0631\u064a\u062a\u0646\u062c\u0632 \u062a\u0635\u0646\u064a\u0641 \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0639\u0646\u062f &#8216;BBB&#8217; \u0645\u0639 \u0646\u0638\u0631\u0629 \u0625\u064a\u062c\u0627\u0628\u064a\u0629 \u0641\u064a \u0623\u0628\u0631\u064a\u0644 2025.<\/p>\n\n\n\n<p>\u064a\u0645\u0643\u0646 \u0623\u0646 \u064a\u0624\u062b\u0631 \u0627\u0644\u0627\u0646\u0636\u0645\u0627\u0645 \u0625\u0644\u0649 \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u064a\u0648\u0631\u0648 \u0628\u0634\u0643\u0644 \u0625\u064a\u062c\u0627\u0628\u064a \u0639\u0644\u0649 \u0627\u0644\u062a\u0635\u0646\u064a\u0641 \u0627\u0644\u0633\u064a\u0627\u062f\u064a \u0644\u062f\u0648\u0644\u0629 \u0645\u0639\u064a\u0646\u0629 \u0628\u0645\u0642\u062f\u0627\u0631 1.19 \u062f\u0631\u062c\u0629 \u0648\u064a\u062d\u0633\u0646 \u0634\u0631\u0648\u0637 \u0627\u0644\u0627\u0642\u062a\u0631\u0627\u0636.<\/p>\n\n\n\n<p>\u0628\u0627\u0644\u0625\u0636\u0627\u0641\u0629 \u0625\u0644\u0649 \u0630\u0644\u0643\u060c \u0641\u0625\u0646 \u062a\u0639\u0645\u064a\u0642 \u0627\u0644\u0631\u0648\u0627\u0628\u0637 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0644\u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0645\u0639 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0623\u0635\u0628\u062d \u0648\u0627\u0636\u062d\u064b\u0627 \u0628\u0627\u0644\u0641\u0639\u0644. \u0628\u0627\u0644\u0646\u0633\u0628\u0629 \u0644\u0644\u0641\u062a\u0631\u0629 \u0645\u0646 \u064a\u0646\u0627\u064a\u0631 \u0625\u0644\u0649 \u0645\u0627\u064a\u0648 2024\u060c \u0628\u0644\u063a\u062a \u0627\u0644\u0635\u0627\u062f\u0631\u0627\u062a \u0625\u0644\u0649 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a 22,176.3 \u0645\u0644\u064a\u0648\u0646 \u0644\u064a\u0641 \u0628\u0644\u063a\u0627\u0631\u064a\u060c \u0648\u0647\u0648 \u0645\u0627 \u064a\u0645\u062b\u0644 \u062d\u0648\u0627\u0644\u064a 64.9% \u0645\u0646 \u0625\u062c\u0645\u0627\u0644\u064a \u0635\u0627\u062f\u0631\u0627\u062a \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629 \u0627\u0644\u0628\u0627\u0644\u063a\u0629 34,145.7 \u0645\u0644\u064a\u0648\u0646 \u0644\u064a\u0641 \u0628\u0644\u063a\u0627\u0631\u064a.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2025\/06\/image-14.png\" alt=\"\" class=\"wp-image-24354\"\/><\/figure><\/div>\n\n\n<p>\u0641\u064a \u0639\u0627\u0645 2023\u060c \u0643\u0627\u0646\u062a \u0634\u0631\u0643\u0627\u0624\u0647\u0627 \u0627\u0644\u062a\u062c\u0627\u0631\u064a\u0648\u0646 \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0648\u0646 \u0641\u064a \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0647\u0645 \u0623\u0644\u0645\u0627\u0646\u064a\u0627 (13.7% \u0645\u0646 \u0625\u062c\u0645\u0627\u0644\u064a \u0627\u0644\u0635\u0627\u062f\u0631\u0627\u062a)\u060c \u0631\u0648\u0645\u0627\u0646\u064a\u0627 (9.2%)\u060c \u0625\u064a\u0637\u0627\u0644\u064a\u0627 (7.2%)\u060c \u0627\u0644\u064a\u0648\u0646\u0627\u0646 (5.5%)\u060c \u0648 \u0641\u0631\u0646\u0633\u0627 (3.3%). \u0634\u0643\u0644\u062a \u0647\u0630\u0647 \u0627\u0644\u0634\u0631\u0643\u0627\u0621 \u0627\u0644\u062e\u0645\u0633\u0629 \u0627\u0644\u0623\u0648\u0644\u0649 \u0641\u064a \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0623\u0643\u062b\u0631 \u0645\u0646 40% \u0645\u0646 \u0625\u062c\u0645\u0627\u0644\u064a \u0635\u0627\u062f\u0631\u0627\u062a \u0628\u0644\u063a\u0627\u0631\u064a\u0627.<\/p>\n\n\n\n<p>\u064a\u0630\u0647\u0628 \u0627\u0644\u0623\u063a\u0644\u0628\u064a\u0629 \u0627\u0644\u0633\u0627\u062d\u0642\u0629 \u0645\u0646 \u0635\u0627\u062f\u0631\u0627\u062a\u0647\u0627 \u0625\u0644\u0649 \u062f\u0648\u0644 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0627\u0644\u0623\u062e\u0631\u0649\u060c \u0645\u0639 \u062a\u062c\u0627\u0631\u0629 \u062a\u0631\u0643\u0632\u062a \u0639\u0644\u0649 \u0627\u0644\u0622\u0644\u0627\u062a\u060c \u0627\u0644\u0633\u0644\u0639 \u0627\u0644\u0645\u0635\u0646\u0639\u0629\u060c \u0648\u0627\u0644\u0645\u0646\u062a\u062c\u0627\u062a \u0627\u0644\u063a\u0630\u0627\u0626\u064a\u0629. \u0623\u0638\u0647\u0631\u062a \u0627\u0644\u0628\u064a\u0627\u0646\u0627\u062a \u0627\u0644\u062d\u062f\u064a\u062b\u0629 \u0644\u0644\u0631\u0628\u0639 \u0627\u0644\u0623\u0648\u0644 \u0645\u0646 \u0639\u0627\u0645 2025 \u0646\u0645\u0648\u064b\u0627 \u0645\u0644\u062d\u0648\u0638\u064b\u0627 \u0641\u064a \u0635\u0627\u062f\u0631\u0627\u062a &#8216;\u0627\u0644\u0623\u063a\u0630\u064a\u0629 \u0648\u0627\u0644\u062d\u064a\u0648\u0627\u0646\u0627\u062a \u0627\u0644\u062d\u064a\u0629&#8217; \u0625\u0644\u0649 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a (\u0632\u064a\u0627\u062f\u0629 \u0628\u0646\u0633\u0628\u0629 32.2%)\u060c \u0641\u064a \u062d\u064a\u0646 \u0634\u0647\u062f\u062a \u0641\u062a\u0631\u0627\u062a \u0623\u062e\u0631\u0649 \u0646\u0645\u0648\u064b\u0627 \u0641\u064a &#8216;\u0627\u0644\u0648\u0642\u0648\u062f \u0627\u0644\u0645\u0639\u062f\u0646\u064a\u060c \u0627\u0644\u0632\u064a\u0648\u062a \u0648\u0627\u0644\u0645\u0648\u0627\u062f \u0630\u0627\u062a \u0627\u0644\u0635\u0644\u0629&#8217; \u0623\u0648 &#8216;\u0627\u0644\u0645\u0634\u0631\u0648\u0628\u0627\u062a \u0648\u0627\u0644\u062a\u0628\u063a&#8217;.<\/p>\n\n\n\n<p>\u0634\u0645\u0644\u062a \u0627\u0644\u0635\u0627\u062f\u0631\u0627\u062a \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629 \u0625\u0644\u0649 \u0623\u0644\u0645\u0627\u0646\u064a\u0627 \u0641\u064a 2023 \u062e\u0627\u0645 \u0627\u0644\u0645\u0639\u0627\u062f\u0646 \u0627\u0644\u062b\u0645\u064a\u0646\u0629 \u0648\u0627\u0644\u062f\u0631\u0627\u062c\u0627\u062a \u0627\u0644\u0646\u0627\u0631\u064a\u0629\u060c \u0628\u064a\u0646\u0645\u0627 \u0634\u0645\u0644\u062a \u0625\u0644\u0649 \u0631\u0648\u0645\u0627\u0646\u064a\u0627 \u0627\u0644\u063a\u0627\u0632 \u0627\u0644\u0637\u0628\u064a\u0639\u064a \u0648\u0627\u0644\u0643\u0647\u0631\u0628\u0627\u0621. \u0633\u064a\u0624\u062f\u064a \u0627\u0639\u062a\u0645\u0627\u062f \u0627\u0644\u064a\u0648\u0631\u0648 \u0625\u0644\u0649 \u0627\u0644\u0642\u0636\u0627\u0621 \u0639\u0644\u0649 \u062a\u0643\u0627\u0644\u064a\u0641 \u062a\u062d\u0648\u064a\u0644 \u0627\u0644\u0639\u0645\u0644\u0629 \u0648\u062a\u0633\u0647\u064a\u0644 \u0627\u0644\u0635\u0641\u0642\u0627\u062a \u0627\u0644\u0639\u0627\u0628\u0631\u0629 \u0644\u0644\u062d\u062f\u0648\u062f \u0628\u0633\u0644\u0627\u0633\u0629 \u0623\u0643\u0628\u0631.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">\u0627\u0644\u0633\u064a\u0627\u062d\u0629 \u0648\u062a\u062f\u0641\u0642 \u0627\u0644\u0645\u0633\u062a\u0647\u0644\u0643\u064a\u0646<\/h2>\n\n\n\n<p>\u0627\u0644\u0633\u064a\u0627\u062d\u0629 \u0647\u064a \u0642\u0637\u0627\u0639 \u0622\u062e\u0631 \u0645\u0624\u0647\u0644 \u0644\u0644\u0646\u0645\u0648. \u0644\u0642\u062f \u0642\u0627\u0645\u062a \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0628\u062a\u0631\u0648\u064a\u062c \u0646\u0641\u0633\u0647\u0627 \u0643\u0648\u062c\u0647\u0629 \u0633\u064a\u0627\u062d\u064a\u0629 \u0641\u064a \u062c\u0645\u064a\u0639 \u0627\u0644\u0645\u0648\u0627\u0633\u0645\u060c \u062d\u064a\u062b \u062a\u0642\u062f\u0645 \u0639\u0637\u0644\u0627\u062a \u0634\u0627\u0637\u0626\u064a\u0629 \u0641\u064a \u0627\u0644\u0635\u064a\u0641 \u0648\u0645\u0646\u062a\u062c\u0639\u0627\u062a \u062a\u0632\u0644\u062c \u0641\u064a \u0627\u0644\u0634\u062a\u0627\u0621. \u0641\u064a 2024\u060c \u0627\u0633\u062a\u0642\u0628\u0644\u062a \u0627\u0644\u0628\u0644\u0627\u062f \u0623\u0643\u062b\u0631 \u0645\u0646 13 \u0645\u0644\u064a\u0648\u0646 \u0633\u0627\u0626\u062d \u0623\u062c\u0646\u0628\u064a. \u0648\u0630\u0643\u0631 \u0645\u0635\u062f\u0631 \u0622\u062e\u0631 \u064a\u0631\u0643\u0632 \u0639\u0644\u0649 \u0627\u0644\u0648\u0627\u0641\u062f\u064a\u0646 \u0644\u0644\u0633\u064a\u0627\u062d\u0629 \u0623\u0646 5.79 \u0645\u0644\u064a\u0648\u0646 \u0632\u0627\u0626\u0631 \u0642\u0627\u062f\u0645\u0648\u0646 \u0645\u0646 \u0627\u0644\u062e\u0627\u0631\u062c \u0641\u064a 2024\u060c \u0645\u0646\u0647\u0645 3.0 \u0645\u0644\u064a\u0648\u0646 (51.8%) \u0645\u0646 \u062f\u0648\u0644 \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0627\u0644\u0623\u062e\u0631\u0649.<\/p>\n\n\n\n<p>\u0641\u064a 2023\u060c \u0643\u0627\u0646\u062a \u0627\u0644\u0623\u0633\u0648\u0627\u0642 \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629 \u0644\u0628\u0644\u062f\u0627\u0646 \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u064a\u0648\u0631\u0648 \u062a\u0634\u0645\u0644 \u0627\u0644\u064a\u0648\u0646\u0627\u0646 (1,109,412 \u0632\u0627\u0626\u0631\u064b\u0627) \u0648\u0623\u0644\u0645\u0627\u0646\u064a\u0627 (897,480 \u0632\u0627\u0626\u0631\u064b\u0627). \u0625\u062c\u0645\u0627\u0644\u064b\u0627\u060c \u0634\u0643\u0644\u062a \u0633\u062a \u062f\u0648\u0644 \u0631\u0626\u064a\u0633\u064a\u0629 \u0641\u064a \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u064a\u0648\u0631\u0648 (\u0627\u0644\u064a\u0648\u0646\u0627\u0646\u060c \u0623\u0644\u0645\u0627\u0646\u064a\u0627\u060c \u0641\u0631\u0646\u0633\u0627\u060c \u0647\u0648\u0644\u0646\u062f\u0627\u060c \u0627\u0644\u0646\u0645\u0633\u0627\u060c \u0625\u064a\u0637\u0627\u0644\u064a\u0627) \u062d\u0648\u0627\u0644\u064a 2.76 \u0645\u0644\u064a\u0648\u0646 \u0632\u0627\u0626\u0631 \u0641\u064a 2023\u060c \u0648\u0647\u064a \u062d\u0648\u0627\u0644\u064a 21.8% \u0645\u0646 \u0625\u062c\u0645\u0627\u0644\u064a \u0627\u0644\u0648\u0627\u0641\u062f\u064a\u0646 \u0630\u0644\u0643 \u0627\u0644\u0639\u0627\u0645.<\/p>\n\n\n\n<p>\u0643\u0645\u0627 \u0627\u062d\u062a\u0644\u062a \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0627\u0644\u0645\u0631\u062a\u0628\u0629 \u0641\u064a \u0642\u0627\u0626\u0645\u0629 \u0627\u0644\u062f\u0648\u0644 \u0627\u0644\u062e\u0645\u0633 \u0627\u0644\u0623\u0641\u0636\u0644 \u0644\u0644\u0646\u0645\u0648 \u0641\u064a \u0627\u0644\u0645\u0628\u064a\u062a\u0627\u062a \u0627\u0644\u0633\u064a\u0627\u062d\u064a\u0629 \u0641\u064a \u0627\u0644\u0631\u0628\u0639 \u0627\u0644\u062b\u0627\u0646\u064a \u0645\u0646 2024 (\u0632\u064a\u0627\u062f\u0629 \u0628\u0646\u0633\u0628\u0629 6.3% \u0645\u0642\u0627\u0628\u0644 \u0627\u0644\u0631\u0628\u0639 \u0627\u0644\u062b\u0627\u0646\u064a \u0645\u0646 2023)\u060c \u062d\u064a\u062b \u064a\u0645\u062b\u0644 \u0627\u0644\u0633\u064a\u0627\u062d\u0629 \u0627\u0644\u0648\u0627\u0641\u062f\u0629 55% \u0645\u0646 \u0647\u0630\u0647 \u0627\u0644\u0645\u0628\u064a\u062a\u0627\u062a. \u0645\u0646 \u0627\u0644\u0645\u0631\u062c\u062d \u0623\u0646 \u064a\u0633\u0647\u0644 \u0627\u0639\u062a\u0645\u0627\u062f \u0627\u0644\u064a\u0648\u0631\u0648 \u0625\u0646\u0641\u0627\u0642 \u0627\u0644\u0632\u0648\u0627\u0631 \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a\u064a\u0646\u060c \u0645\u0645\u0627 \u064a\u0632\u064a\u0644 \u0639\u0627\u0626\u0642 \u0633\u0639\u0631 \u0627\u0644\u0635\u0631\u0641 \u0648\u064a\u0634\u062c\u0639 \u062a\u062f\u0641\u0642 \u0627\u0644\u0645\u0633\u062a\u0647\u0644\u0643\u064a\u0646 \u0628\u0634\u0643\u0644 \u0623\u0643\u0628\u0631.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">\u062e\u0637\u0648\u0629 \u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a\u0629 \u0625\u0644\u0649 \u0627\u0644\u0623\u0645\u0627\u0645<\/h2>\n\n\n\n<p>\u0628\u064a\u0646\u0645\u0627 \u064a\u0628\u0642\u0649 \u0627\u0644\u062c\u0645\u0647\u0648\u0631 \u062d\u0630\u0631\u064b\u0627 \u0648\u064a\u0633\u062a\u0645\u0631 \u0627\u0644\u0628\u0639\u0636 \u0641\u064a \u0627\u0644\u062a\u0634\u0643\u064a\u0643\u060c \u064a\u0645\u062b\u0644 \u0627\u0646\u0636\u0645\u0627\u0645 \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0625\u0644\u0649 \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u064a\u0648\u0631\u0648 \u0642\u0641\u0632\u0629 \u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a\u0629 \u0646\u062d\u0648 \u062a\u0643\u0627\u0645\u0644 \u0627\u0642\u062a\u0635\u0627\u062f\u064a \u0623\u0642\u0648\u0649.<\/p>\n\n\n\n<p>\u0642\u062f \u064a\u0623\u062a\u064a \u0627\u0644\u0627\u0646\u062a\u0642\u0627\u0644 \u0628\u062a\u062d\u062f\u064a\u0627\u062a\u060c \u0648\u0644\u0643\u0646\u0647 \u0623\u064a\u0636\u064b\u0627 \u064a\u062d\u0645\u0644 \u0641\u0631\u0635\u064b\u0627 \u0643\u0628\u064a\u0631\u0629\u060c \u0643\u0645\u0627 \u0634\u0648\u0647\u062f \u0641\u064a \u0643\u0631\u0648\u0627\u062a\u064a\u0627 \u0627\u0644\u062a\u064a \u0634\u0647\u062f\u062a \u0641\u0648\u0627\u0626\u062f \u0645\u062b\u0644 \u0627\u0644\u0642\u0636\u0627\u0621 \u0639\u0644\u0649 \u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0635\u0631\u0641 \u0627\u0644\u0623\u062c\u0646\u0628\u064a \u0648\u062a\u0642\u0644\u064a\u0644 \u062a\u0643\u0627\u0644\u064a\u0641 \u0627\u0644\u0645\u0639\u0627\u0645\u0644\u0627\u062a (\u062a\u0642\u062f\u0631 \u0628\u0646\u062d\u0648 160 \u0645\u0644\u064a\u0648\u0646 \u064a\u0648\u0631\u0648 \u0633\u0646\u0648\u064a\u064b\u0627 \u0644\u0644\u0642\u0637\u0627\u0639 \u063a\u064a\u0631 \u0627\u0644\u0645\u0627\u0644\u064a).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u064a\u0638\u0647\u0631 \u062a\u063a\u064a\u0631 \u0643\u0628\u064a\u0631 \u0641\u064a \u0627\u0644\u0645\u0633\u0627\u0631 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a \u0644\u062f\u0648\u0644\u062a\u064a \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a\u060c \u062d\u064a\u062b \u062a\u0648\u0627\u062c\u0647 \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629 \u0639\u0648\u0627\u0642\u0628 \u0627\u0644\u0627\u0646\u0641\u0635\u0627\u0644 \u0628\u064a\u0646\u0645\u0627 \u062a\u0633\u0639\u0649 \u0628\u0644\u063a\u0627\u0631\u064a\u0627 \u0646\u062d\u0648 \u0627\u0644\u0627\u0646\u0636\u0645\u0627\u0645 \u0644\u0644\u064a\u0648\u0631\u0648. \u0647\u0644 \u0633\u064a\u0643\u0648\u0646 \u0647\u0630\u0627 \u0627\u0644\u062a\u062d\u0648\u0644 \u0628\u062f\u0627\u064a\u0629 \u0627\u0632\u062f\u0647\u0627\u0631 \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u061f &#8211; vtmarkets.com<\/p>\n","protected":false},"author":2,"featured_media":18330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[51],"tags":[],"class_list":["post-19856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/ar-mena\/wp-json\/wp\/v2\/posts\/19856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/ar-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/ar-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/ar-mena\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/ar-mena\/wp-json\/wp\/v2\/comments?post=19856"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/ar-mena\/wp-json\/wp\/v2\/posts\/19856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/ar-mena\/wp-json\/wp\/v2\/media\/18330"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/ar-mena\/wp-json\/wp\/v2\/media?parent=19856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/ar-mena\/wp-json\/wp\/v2\/categories?post=19856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/ar-mena\/wp-json\/wp\/v2\/tags?post=19856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}