Reduced standard on the balance of the Treasury Account will not affect the exchange rate
28 February 2014, Friday
Reducing the regulatory value of balances on the account of the Treasury of the Russian Federation from the current 600 to 200 billion will not affect the rate of the ruble, believes Russia's finance minister Anton Siluanov.
The Finance Ministry proposes to limit the amount of available funds in the accounts of the Treasury, necessary to fulfill the obligations of the budget, 200 billion rubles, and the rest is placed in bank accounts.
This measure, according to the minister, was agreed with the Central Bank. "The Central Bank is interested in the current environment to the Ministry of Finance is more involved in the market offers rubles," - said Siluanov.
On November 5, speaking at the Government House of the republic at a regional video-conference held by Tatarstan President Rustam Minnikhanov with participation of Prime Minister of the Republic of Tatarstan Aleksey Pesoshin, First Deputy Minister of Construction, Architecture and Housing of the Republic of Tatarstan Aleksey Frolov reported that to date, as many as 2 million 954 thousand square meters of housing have been commissioned in Tatarstan.
On November 27, at their meeting in the Government House of the republic, Tatarstan President Rustam Minnikhanov and Deputy Chairman of the Executive Board of Sberbank Olga Golodets discussed the issues of the introduction of Sber digital products in the healthcare sector of Tatarstan.
On November 25, at their meeting in the Government House of the republic, Tatarstan President Rustam Minnikhanov and Director General of the Fund for the Protection of Citizens' Rights - Shared Construction Participants Konstantin Timofeev discussed the completion of the construction of problematic shared construction facilities in Tatarstan.
On October 28, at the Government House of the republic, Tatarstan President Rustam Minnikhanov chaired a regular board meeting of Tatneft Oil Company, to sum up the results of the company's budget execution for the 9 month of the current year and to approve budget amounts for October of 2020.
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