Irek Fayzullin, head of the Russian Ministry of Construction and Housing and Social Services, told reporters that the Ministry of Construction will not develop and implement new measures to support the industry due to the increase in the key rate of the Central Bank. TASS.
“The current situation relates to projects that have already been implemented. “We were at a higher rate in 2022, so we’re still working on mortgage programs.”
Fayzullin also noted that the experts of the Ministry of Construction are working on different scenarios for the development of the situation in the construction industry.
On July 21, the Governor of the Central Bank of Russia, Elvira Nabiullina, announced that the Central Bank Board of Directors taken into account There were options to increase the key rate by 75 and 100 basis points, but there were also more radical proposals.
21 July The Central Bank of Russia, for the first time since September 2022 raised key rate 100 basis points, up to 8.5% per annum.
former Central Bank declaration about a possible increase in key rate.