Importance The market economy of Russia has been facing the issue of decreasing the inflation rates since the early 1990s. Monetary methods for regulating money circulation fail to produce the desired effect. Objectives The objective of the research is to find a solution to this issue by filling the market with domestic commodities through financial methods and instruments, i.e. the financial mechanism of the State, rather than restricting the monetary supply. To meet the objective, the following tasks should be solved: to identify reasons for high inflation; to determine possible options for rectifying these reasons; to propose specific measures and remedies for the national economy through financial methods and instruments. Methods The research applies a comparative analysis and method of analogies in some instances. Results If my proposals are implemented and put into practice, it may ultimately result in the inflation slowdown. Furthermore, it may entail an increase in investment in the real economic sector, production growth in manufacturing sectors of the national economy. Application The results of the research are used in the comprehensive research of the Institute of Development of Business and Strategies - The Strategy for Business Development in the Contemporary Information Environment of Russia. Some aspects of the research were discussed at the national and international scientific conferences and symposia. The results may also be utilized to configure the mechanism for accumulating and allocating government revenue. Conclusions and Relevance I conclude it is necessary to replace the current financial mechanism that encourages exports of raw materials and import of finished products and bring it to the new level that would protect the domestic producers and manufacturers.
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