Official website of the President of Russia

Presidential Instructions   /

The Government of the Russian Federation was instructed to ensure the drafting and implementation of measures to facilitate the employment of jobless people, including subsidising employers for hiring officially registered unemployed, and for professional education and additional vocational training.

The Government was also instructed to consider an increase in funding for measures to help resolve the problems of individuals who have sustained damage due to the unethical practices of real estate developers.

In addition, the Government was instructed to draft a concept of the construction (reconstruction) programme for infrastructure facilities that rely on debt financing (including bonds for special-purpose project funding and loans for the regions of the Russian Federation from the federal budget). The programme must contain the criteria and mechanisms for selecting projects that are implemented in its framework; a mechanism for monitoring the implementation of projects and targeted use of funds; a procedure for establishing a limit on the public debt of the Russian Federation with a view to funding the said construction and mechanism for the reimbursement of expenses on servicing this debt; the deadlines and procedure for repaying debt obligations; and the targeted scale of the projects to be carried out under this programme through 2024.

One more instruction concerns granting the right to the Government to step up the spending in the 2021 federal budget to the extent of increasing the expected scale of non-oil and gas revenues in connection with the specified forecasts of national socioeconomic development.

Instructions to the Government, together with the Central Bank, concern the implementation of preferential mortgage programmes in 2021–2024, including an opportunity to reduce interest rates on the subsidised mortgage programme for families with two or more children.

The Government, together with the Central Bank, was instructed to ensure the introduction of amendments to legislation, aimed at providing additional protection of the rights of those who acquire financial instruments without being qualified investors.