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Instructions following meeting on economic issues

May 14, 2022

Vladimir Putin approved a list of instructions following the April 25, 2022 meeting on economic issues.

The Government of the Russian Federation was instructed to extend the duration of the preferential mortgage programme until December 31, 2022, and to expand a programme allowing the State Development Corporation VEB.RF to guarantee loans being issued to organisations in the manufacturing sector.

In addition, the instructions allow organisations operating in certain economic sectors, stipulated by the Government, to delay paying insurance contributions to state extra-budgetary funds in the second and third quarters of 2022.

The Government was also instructed to compensate for revenue shortfalls in the state extra-budgetary funds, due to delays in paying the above-mentioned insurance contributions.

May 14, 2022