Media: details of a meeting on the economy under Putin’s sanctions became known

The government divided the complex of sanctions into three groups.

In the Kremlin, under the chairmanship of Russian President Vladimir Putin, a meeting on economic issues was held, in which Deputy Prime Minister Mikhail Mishustin and the head of the Central Bank Elvira Nabiullina took part.

According to the Deputy Prime Minister, quoted by &#8220 ;MK”, the government of the Russian Federation made decisions to support the economy, which will be included in the plan of measures, which will be announced soon.

Speaking about the reasons for the sanctions, Kremlin speaker Dmitry Peskov assessed anti-Russian sanctions as difficult and problematic., but the Russian authorities have the potential to compensate for them.

In turn, Mishustin said that the United States, the EU and other countries aim to “restrain the development of the Russian economy.”

The Cabinet of Ministers divided the entire range of sanctions into three groups. The first included sanctions to restrict access to world markets. They include measures on sovereign debt, sanctions and the address of the largest companies and credit institutions, including the Central Bank.

To support banks, one should rely on the capital of the Russian population and the funds of enterprises, as well as the NWF. The latter are planned to be used for “ exchange rate stability” and budgetary lending to infrastructure.

According to Finance Minister Anton Siluanov, a capital amnesty plan has been prepared, larger than three – four years ago. It is assumed that this will help to return to Russia funds previously withdrawn from it and not yet affected by sanctions.

The government included restrictive measures on the import of high technologies required for strategically important sectors of the economy and the defense industry into the second group.

According to the head of the Ministry of Industry and Trade Denis Manturov, import substitution will help. He said that the plans, which will affect 23 industries, include “1,000 items of raw materials, materials, components and finished products,” but the program itself and its funding are designed for 2022 – 2024.

The third group of sanctions included measures to curb the integration of the Russian Federation into the world economy. At the moment, due to sanctions, about 50% of exports that were intended for the United States, Canada, Japan and the EU have been lost for Russia.

The government intends to refocus on the countries of Latin America, Asia, Africa and the Middle East. According to Manturov, business finds partial solutions by breaking into closed markets.

The meeting, to which all participants came in black, was held behind closed doors. The media showed only Vladimir Putin's opening speech.

At the meeting, Anton Siluanov stressed that there would be no problems with the payment of pensions and other social obligations; they will be carried out in the first place, and the finances for this are available. And the head of the Central Bank said that the system for transmitting financial messages could replace the disabled SWIFT.

As for the ban on the use of gold and foreign exchange reserves by the regulator, it is compensated by the decision on the mandatory sale of 80% of the proceeds by exporters.

Later, Vladimir Putin instructed banks to maintain rates on agreements (loans and mortgages) that were concluded before raising the key rate of the Central Bank to 20%.

As Topnews wrote earlier, Vladimir Putin restricted the export of foreign currency abroad.


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