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)

tagreuters.com2022binary_LYNXMPEI280FW-BASEIMAGE


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