The state Duma will consider anti-recessionary report of the government and the Central Bank


MOSCOW, October 21. The state Duma on Wednesday will consider the report of the government and the Central Bank on the implementation of priority measures for the sustainable development of economy and social stability in the first half of 2015.

The report of the first Deputy Chairman of the government Igor Shuvalov will open the discussion, followed by a presentation by the Chairman of the Central Bank Elvira Nabiullina and the President of the accounts chamber Tatyana Golikova. Will continue discussion of the Chairpersons of the committees of the state Duma on budget and taxes, economic policy, financial market, labour and social policy.

The plan of priority measures for the sustainable development of economy and social stability in 2015 approved by the government on 27 January this year. Its goal is the sustainable development of economy and social stability during the most unfavourable foreign economic and political conditions.

The plan includes 60 points in the seven principal directions of the fight against the crisis. The total cost of these measures amounted to 2.33 trillion rubles While the plan was developed by the government in the spring of the current year. In particular, it was included in the subsidy rates on mortgage loans. This measure was introduced as a separate government resolution of March 13, 2015.

Current version of the budget on anti-crisis measures laid 602,5 billion rubles Amount of funds “anti-crisis” Fund is 206,7 billion rubles on April 24, the government adopted a decision on the redistribution 190,5 billion rubles from anticrisis Fund, including the implementation of anti-crisis plan – 141,9 billion rubles.

In addition, the plan includes such an item as a recapitalization of banks at the expense of funds provided by the state Corporation “Agency for deposits insurance” (DIA) through the mechanism of OFZ, with total funding of 1 trillion rubles.

The state Duma will consider the government’s report and following discussion will take the decision, which will include not only evaluation, but also recommendations to the government and the Central Bank for the further implementation of anti-crisis plan.