After the meeting on economic issues held on April 11, Russian President Vladimir Putin approved the list of instructions and recommended the government to prepare proposals to reduce long-term loan interest rates. Related instruction published On the Kremlin website.
“Submit proposals to reduce the size of interest rates on long-term loans (loans), taking into account the impact of the state debt structure of the Russian Federation on the size of such rates,” says the text.
Russian Prime Minister Mikhail Mishustin was appointed responsible for the execution of the order. The President instructed the Council of Ministers to carry out the order by 15 June 2023.
Other instructions include monitoring the situation with mortgage loans and, if necessary, taking measures to support it.
Putin in February instructed To make more affordable housing loans in wooden house construction. The president offered to use it for this plan, which operates in apartment construction.