Attempts to cover budget deficit: Russian Federation proposes to introduce savings programme for population
Pravda Ukraine
The Russian government has approved a draft law on the long-term savings programme – the money collected from citizens will be used to cover the budget deficit.
Source: Press service of the Ministry of Finance of the Russian Federation
Details: As the Russian finance minister states, “the new long-term savings programme will create an additional impetus for the growth of long-term savings among citizens and the country’s economic development”.