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The President approved a list of instructions issued following a meeting with Government members held on November 3, 2022.
The Government of the Russian Federation was instructed, in particular, to write off the regional governments’ debts owed to the federal budget under federal loans provided to them in 2021 and 2022 to pay off outstanding debt of the regions and municipalities; to ensure, through the restructuring of budget loans, the implementation of investment projects aimed at sea and river passenger transport development; to update the list of investment projects to be co-financed with money from the National Wealth Fund in 2023–2025 due to the increased pressure of sanctions.
Additionally, the Government was instructed to initiate amendments to the laws regulating the activities of special economic zone residents, as well as the natural monopolies’ obligation to coordinate their investment programmes with the Government.
The Government was also instructed to ensure the extension, until 2030, of the mechanism for supporting state organisations implementing corporate programmes to increase competitiveness.
The Government of the Russian Federation and the VEB.RF state development corporation, the Bank of Russia and the State Council commissions on investment and the economy and finance were given a number of other instructions.
December 6, 2022