Russia considers revising the national regulations on the sale of precious metals and gemstones reserves – EqualOcean

Jun 21, 2022 08:04 PM (GMT+8)
· EqualOcean

Inside the contextual content material of the battle between Russia and Ukraine, the Russian authorities and parliament intend To change the gross sales and administration legal guidelines of the nationwide useful metallic and gem inventory. Based mostly on The internet website Of presidency paperwork, the Russian Ministry of Finance proposed this week To place An factor of the nation’s gold and useful stones into particular reserves To be used in wartime. If the plan is accredited, the president Might have extra power To Search out out The biggest Method to Get rid of these reserves. As properly as, the Russian State Duma accredited new legal guidelines final week, permitting the president to have greater freedom To make the most of nationwide treasures with out consulting The federal authorities or parliament. This Is in a place to be needed if the nation Needed to promote belongings urgently.

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Source: https://equalocean.com/briefing/20220621230145777