the Share of foreign investments in the Russian Federal loan bonds (OFZ) declined last month to 31.6% from 31.7% at the end of March.
However, on 1 may 2019, the share of nonresidents in the OFZ was 27.8 per cent, reports TASS with reference to the materials of the Central Bank of the Russian Federation.
In this case, investments of nonresidents in nominal terms increased by may 1, 2020 to 2,992 trillion rubles 2,892 trillion rubles on April 1, said PRIME.
overall, the volume of the OFZ market in Russia as of the reporting date increased to 9.47 trillion rubles from 9.13 trillion a month earlier.
we will Remind, on may 21, Deputy Finance Minister Alexei Moiseev said at the forum of RSPP that the Finance Ministry is embarking on a “massive increase in government spending to Finance anti-crisis” and this “will lead to a significant increase of OFZ”.
let’s Add that the Russian economy in February—March 2020 was under the powerful impact of two negative factors — the rapid spread of the pandemic coronavirus infection COVID-19 and its deleterious effect on the global economy and collapse in oil prices. Against this background, the rouble significantly depreciated against the dollar and the Euro. Reacting to the situation, the government and the Bank of Russia adopted several packages of measures to support the economy and citizens.
may 11, Russian President Vladimir Putin announced the end of may 12, a single period of days off, entered March 30, in the fight against COVID-19. He also announced the beginning of implementation of the third package of anti-crisis measures, under which the state, in particular, will increase targeted support for families with children, small businesses, individual entrepreneurs and self-employed. In addition, Putin instructed the government to prepare a national plan for long-term development of the economy, the recovery in employment and incomes.
on 27 may, the Minister of economic development (MED) of the Russian Federation Maxim Reshetnikov said that the total cost of anti-crisis measures to support RRussian economy to combat the effects of the pandemic coronavirus has reached 3.3 trillion rubles.
Stories about how you tried to get help from the Russian state in terms of coronaries and what came of it, email it to COVIDfirstname.lastname@example.org