dedollarization plan does not contain restrictive measures finance ministry
Last Updated : GMT 19:07:01
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 19:07:01
Arab Today, arab today

De-dollarization plan does not contain restrictive measures "Finance Ministry"

Arab Today, arab today

Arab Today, arab today De-dollarization plan does not contain restrictive measures "Finance Ministry"

The plan to de-dollarize the Russian economy.
Moscow - TASS

The plan to de-dollarize the Russian economy does not contain restrictive measures and is aimed only at stimulating the use of the ruble, Deputy Minister of Finance Alexey Moiseev told reporters on Wednesday.

"I spoke specifically to reassure the market that there are no restrictive measures, only the ones to stimulate the use of the ruble. Repatriation of foreign exchange earnings and similar measures. We are talking about promoting settlements in ruble and we do not offer any restrictions on anything," Moiseev said, commenting on the plan to de-dollarize the Russian economy.

Moiseev said earlier that the Finance Ministry expects that the plan to de-dollarize the Russian economy will be approved before the end of the year. "I think it will be approved by the instructions of Prime Minister or Deputy Prime Minister," he said. "I hope even earlier than that," Moiseev added, answering a question on whether the measures will be approved by the end of the year.

According to him, the Finance Ministry also expects that after approval the document will be made public. Earlier, answering a question about possible publication of the plan, Moiseev said that the document was "for official use only".

"It was done for the development stage, so that various versions of it would not circulate. I expect that the plan will be made public. This is not our decision, but the government’s, however I frankly do not see any secret information in it," he said, adding that the project is "a general plan for motivating economic agents to increase the share of settlements in rubles."

Moiseev told reporters on Monday that the plan for de-dollarization of the national economy does not contain a clause regarding a potential limiting of currency lending for companies.

Higher risks ratios are planned to be set for currency loans of companies not having a sufficient amount of export revenues, prompting banks to create extra provisions, the Izvestiya newspaper reported earlier. According to the newspaper, the relevant paragraph is in the de-dollarization plan for the Russian economy.

"No, I know nothing about that. I know only that the Central Bank, as you are aware, significantly increased ratios for currency assets of banks," Moiseev said. This is not in the de-dollarization plan, he added.

The de-dollarization plan for the Russian economy was prepared and presented to the government in early October. The document contains tax preferences for companies using ruble settlements, including accelerated VAT refund, First Deputy Prime Minister Anton Siluanov said earlier.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

dedollarization plan does not contain restrictive measures finance ministry dedollarization plan does not contain restrictive measures finance ministry

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

dedollarization plan does not contain restrictive measures finance ministry dedollarization plan does not contain restrictive measures finance ministry

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 12:58 2017 Friday ,08 December

Manal Salama happy for reactions of her new show

GMT 10:03 2017 Saturday ,23 September

Youssra happy for participating in Gouna

GMT 20:01 2016 Wednesday ,17 August

Son of Mexican drug lord 'El Chapo' Guzman kidnapped

GMT 11:33 2017 Saturday ,29 April

Kazem Al Saher will not stop singing the poems

GMT 09:16 2017 Thursday ,26 October

Wael Jassar participates in concerts in Cairo

GMT 17:28 2018 Tuesday ,04 September

Emirates cancels all flights to Japan's Kansai airport

GMT 07:49 2018 Friday ,05 January

2 Russian servicemen killed

GMT 21:40 2017 Thursday ,31 August

Israeli forces arrest 17 Palestinians in West Bank

GMT 11:35 2017 Saturday ,02 December

Indonesia reopening Bali airport shut

GMT 05:52 2017 Wednesday ,01 March

Heba Magdy happy for reactions to “Sons of Nine”

GMT 19:47 2017 Monday ,10 July

Coach confident to qualify for AFCON

GMT 18:16 2016 Sunday ,10 January

Suspicious Powder Delays Flights at Swedish Airport

GMT 09:54 2017 Thursday ,05 October

Nermein happy for profits of “Aman Ya Sahby”

GMT 02:45 2017 Friday ,14 July

Fidel, Raul Castro visit Venezuelan President

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros

GMT 11:52 2018 Monday ,01 January

Hajj, Umrah agencies online application begins

GMT 07:25 2018 Monday ,01 January

13 dead, 2 missing in South Korean boat accident

GMT 16:23 2017 Thursday ,28 December

Oman unveils 500 megawatt solar project

GMT 14:05 2017 Wednesday ,20 December

Saudi spending to top SR1 trillion in 2018

GMT 10:45 2017 Wednesday ,20 December

Gloucester coach Ackermann and son in fight probe

GMT 05:09 2017 Thursday ,14 December

OPEC now sees oil market in balance within a year
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday