Deputy Finance Minister Moiseev: in the discussion on the return to the sale of foreign exchange earnings, the department opposes
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Deputy Minister of Finance of Russia Alexei Moiseev, speaking in the State Duma, said that the issue of returning to the mandatory sale of foreign exchange earnings is periodically raised, but the Ministry of Finance has a firm position that so far there is no need for this.
“The issue of returning to the mandatory sale of foreign exchange earnings is periodically raised, but so far no decisions have been made. Our position is firm: my position and the position of the minister is that there is no need to revise this approach now,” said Mr. Moiseev (quoted from TASS).
After the start of a military special operation in Ukraine and the imposition of Western sanctions, Russian President Vladimir Putin ordered exporters to sell 80% of foreign exchange earnings under all foreign trade agreements. Then the sale rules were gradually softened. February 6 head of state signed Decree on the abolition of the mandatory sale of foreign exchange earnings.
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