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  Tuesday, April 7, 2020
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Agencies and departments should submit a draft law to the government on investment money from the Stabilization Fund
Agencies and departments should submit a draft law to the government on investment money from the Stabilization Fund in corporate securities by the end of April, a government official said Monday. "The Finance Ministry and other ministries and federal services must work on this variant and submit to the government proposals on amendments to the Budget Code and the law on the Bank of Russia by the end of April in order to make investments from the Stabilization Fund into liquid corporate securities," said Mikhail Kopeikin, a deputy head of the government office. He said the draft law included only two investment mechanisms of so far: state bonds and foreign currencies.
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