President of Russia
  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search this website
President of Russia
Mobile version

President's
website
sections

  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search
  • For the Media
  • Subscribe
  • Directory
  • Version for People with Disabilities
  • Русский

President's
website
resources

  • President of RussiaCurrent resource
  • The Constitution of Russia
  • State Insignia
  • Address an appeal to the President
  • Vladimir Putin’s Personal Website

Official Internet Resources
of the President of Russia

  • Telegram Channel
  • Rutube Channel
  • YouTube Channel

Legal
and technical
information

  • About website
  • Using website content
  • Personal data of website users
  • Contact website team

All content on this site is licensed under

Creative Commons Attribution 4.0 International

Presidential Executive Office2025
Events

Instructions following a meeting on economic issues

Vladimir Putin approved a list of instructions following a meeting on economic issues, held on April 11.

May 18, 2023
18:00

The Government was instructed to clarify existing benchmarks and to establish additional benchmarks that are used to determine oil prices for the purposes of taxing oil and gas companies and also to reduce the discount applied to global oil prices.

In addition, the Government was instructed to submit proposals seeking to cut interest rates on long-term credit (loans) with account taken for how the structure of the Russian Federation state lending affects such rates.

In conjunction with the Bank of Russia, the Government was instructed to ensure a monthly limit in the amount of one billion US dollars or less for the purchase by residents of foreign currency on the Russian Federation domestic foreign exchange market for the purpose of subsequent crediting of foreign currency to accounts opened with the banks that are based outside Russia’s borders for carrying out settlements under transactions that are made under permits issued by the Government Commission on Monitoring Foreign Investment in the Russian Federation, the Bank of Russia or the Finance Ministry, determining, if need be, a list of instances where this limit does not apply.

In conjunction with the Bank of Russia, the Government was instructed to monitor the mortgage lending market and to take additional measures to support mortgage lending as necessary.

See also

Meeting on economic issues
April 11, 2023

Topics

  • Economy and finance

Publication status

Published in section: Presidential Instructions

Publication date: May 18, 2023, 18:00

Direct link: en.kremlin.ru/d/71178

Text version

Text

Share
Direct link
http://en.kremlin.ru/catalog/keywords/79/events/71178
Share
  • VK
  • Telegram
  • Ok
  • Send by email
  • Print
Send by email

Official Website of the President of Russia:

Instructions following a meeting on economic issues

http://en.kremlin.ru/catalog/keywords/79/events/71178

Last updated at May 22, 2023, 21:42

Официальные сетевые ресурсы

Президента России

Official Internet Resources

of the President of Russia

Русский Английский
  • For the Media
  • Version for People with Disabilities
  • Telegram Channel
  • Rutube Channel
  • YouTube Channel
  • Website of the President of Russia
  • State Insignia
  • Address an appeal to the President
  • Vladimir Putin’s Personal Website
  • Putin. 20 years

Presidential Executive Office
2025