Patrushev allowed the restructuring of the economy thanks to the opposition to sanctions

The Security Council is preparing measures aimed at blocking attempts by Western countries to provoke an economic crisis in RUSSIA. Effective opposition to sanctions will allow for a structural restructuring of the economy,

Countering the sanctions pressure of foreign countries will allow for a structural restructuring of the Russian economy, said Nikolai Patrushev, Secretary of the Russian Security Council. He wrote about this in an article for Rossiyskaya Gazeta on the occasion of the 30th anniversary of the formation of the Security Council.

According to him, the Security Council is developing measures aimed at blocking attempts by Western countries to provoke an economic crisis in Russia, which could threaten to aggravate the social situation in the country.

“Effective resistance to unprecedented sanctions pressure will make it possible not only to cope with the economic aggression unleashed against our country, but also to carry out a deep structural restructuring of the Russian economy,” he said.

Siluanov said that supporting the economy requires "enormous resources" Economics

After the start of the military operation in Ukraine, a number of foreign countries imposed sanctions on Russia, which affected the banking sector, the military-industrial complex, businessmen and the political elite. In this regard, in early March, on behalf of President Vladimir Putin, the government approved a list of "unfriendly" states (it included all EU countries, the usa , Great Britain, Japan and others) and established the rules for transactions with them.

Russian citizens, companies, the state, regions and municipalities will be able to pay off their obligations to creditors from these countries in rubles. In addition, all transactions and operations of Russian companies with citizens and firms from these countries must be approved by the legal commission for the control of foreign investment.

Later, Putin signed a law on tax measures to support the economy in the face of sanctions against Russian individuals and legal entities. The law allows citizens not to pay tax on income from interest on deposits, and organizations to apply for VAT refunds under certain conditions.

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Prime Minister Mikhail Mishustin said in early April that the Russian economy needed “at least half a year” to rebuild “with such a blow,” and in late May, the HEAD of the Central Bank, Elvira Nabiullina, said that the Russian economy was entering a period of structural transformation and at that time it would be acute need financial resources. “As long as the economy adapts, it will be difficult for both companies and citizens,” she said, while pointing out that the process of structural transformation “will not be endless” and business will find new opportunities.

See also Western reaction to Russian sanctions 04:59

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