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Amendments to Article 26 of the Law on Central Bank

October 6, 2014

Vladimir Putin singed Federal Law On Amendments to Article 26 of the Federal Law On the Central Bank of the Russian Federation (Bank of Russia).

The federal law is designed to ensure budget revenue.

It envisages increasing the share of the actual annual profit of the Bank of Russia transferred to the federal budget from 50 percent to 75.

October 6, 2014