07.12.2014 - 13:35 [ Kreml ]

Instructions on implementing Presidential Address to the Federal Assembly

The Government has been instructed together with the Central Bank to take the necessary measures to recapitalise systemically important credit organisations provided they direct additional financial resources toward providing loans for projects in the real sector of the economy at affordable rates.

The Government has been instructed jointly with the Agency for Strategic Initiatives to Promote New Projects, the Russian Academy of Sciences, leading universities and business and entrepreneurial associations to organise the development and implementation of the National Technology Initiative.

It has been recommended to the Central Bank, jointly with the Government, to take coordinated measures to curb speculative activities and prevent cases of manipulation on the Russian currency market.

The Russian Defence Ministry has been instructed jointly with the Federal Financial Monitoring Service, Bank of Russia and relevant federal agencies to develop and implement a system for monitoring the use of funding when placing and fulfilling the state defence order.