Artem Kiryanov, deputy chairman of the Economic Policy Committee of the Russian State Duma, said that the country’s economy will not suffer due to the sale of the entire 573.7 million euro reserve from the National Welfare Fund. This was reported by “lenta.ru”.
According to the MP, he does not see any negative consequences of such a step, these are normal procedures that can be used in practice. Kiryanov noted that such a campaign is quite reasonable for financial authorities.
The deputy emphasized that euros are no longer needed for Russia’s urgent needs and payments under the budget system, because it is not clear what will be done with them in the future. Kiryanov said that Russia is taking firm steps towards creating its own payment platform. This provides the country with the opportunity to conduct foreign economic activity.
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