Putin signs law on using rainy-day fund to buy OFZ bonds, stocks – RIA

1 min read
Russian President Putin visits an aviation school in Moscow

– Russia’s President Vladimir Putin has signed a law on using the country’s rainy-day National Wealth Fund to buy OFZ government bonds and stocks, the RIA news agency reported on Wednesday.

Putin also signed a series of laws enabling a new “capital amnesty” designed to encourage people to return money or financial instruments to Russia without facing tax or other penalties, RIA reported.

(Reporting by Reuters)


Breaking News
China commerce ministry says the sooner U.S. tariffs are lifted, the sooner consumers will benefit