State Council Commission meeting on Economy and Finance 2022-04-05 13:30:00 Presidential Aide and State Council Secretary Igor Levitin and Governor of the Chelyabinsk Region Alexei Teksler chaired a meeting of the State Council Commission on The Economy and Finance via video linkup. Attendees included high-ranking officials from several legal entities of the Russian Federation, Chair of the Federation Council Committee on Budget and Financial Markets Anatoly Artamonov, First Deputy Chair of the State Duma Committee on Energy Valery Seleznyov, First Deputy Finance Minister Leonid Gornin, Deputy Minister of Economic Development Sergei Galkin, members of the Auditing Chamber and the Bank of Russia, as well as members of the interested federal and regional executive authorities, civic organisations, development institutions, and the banking and business communities. Opening the discussion, Igor Levitin said it was necessary to develop uninterrupted and effective cooperation between the regions and the Governmental Commission on Increasing Russia’s Economic Sustainability under the Sanctions, in keeping with the Presidential Executive Order on Measures to Ensure Socioeconomic Sustainability and Protect the Population of the Russian Federation. Sergei Galkin and Leonid Gornin briefed the attendees on the measures to support the Russian regions that are faced with external sanctions pressures. Alexei Teksler, Chair of the Commission and Governor of the Chelyabinsk Region, reported on the proposals for ensuring financial sustainability and the self-sufficiency of the consolidated budgets of the legal entities of the Russian Federation, which were submitted by the regions. The meeting participants discussed the initiatives and analysed their relevance, considering the anti-sanctions measures that are being introduced and the additional support measures for the regional budgets. They also discussed the proposals for carrying out a national project, Labour Productivity, prepared by the relevant sub-commission led by Leningrad Region Governor Alexander Drozdenko. The initiatives approved at the meeting will be forwarded to the State Council working group for economic issues and measures to control the spread of the coronavirus (COVID-19) for further consideration jointly with the Governmental Commission on Increasing Russia’s Economic Sustainability under the Sanctions.