The President of the Russian Federation announced the attraction of 145 billion rubles to the long-term savings program

The Long-Term Savings Program (LTSP) has attracted 145 billion rubles from 2.1 million depositors. This was announced by Russian President Vladimir Putin at the plenary session of the forum "Russia Calling!" on December 4.

"As of November 22, more than 2.1 million depositors took part in the long-term savings program," Putin said.

He stressed that the program has a more ambitious goal. Thus, according to the head of state, it is planned to attract at least Br2.3 trillion in 2026, which will exceed 1% of GDP. Putin added that the size of deposits will have to "steadily grow".

Earlier it was reported that the long-term savings program (LSP) was launched in Russia on January 1, 2024. According to First Deputy Chairman of the Central Bank of the Russian Federation Vladimir Chistyukhin, by 2030 the regulator intends to attract at least 9 million people with a total investment of about 1.2 trillion rubles.

The long-term savings program is a financial instrument that gives Russians the opportunity to independently form their pension capital or simply save for the future.

On October 10, Russian Finance Minister Anton Siluanov said that since the beginning of the year, the volume of long-term savings attracted into the program has reached about Br80 billion.