Putin instructed to support the placement of Russian shares on the domestic market

Russian President Vladimir Putin has instructed the government and the Central Bank of Russia to stimulate the placement of shares of Russian companies on the domestic financial market. This is reported on January 16 on the Kremlin website.

"The government together with the Central Bank, in particular, is instructed to: stimulate the placement of shares of Russian joint stock companies on the domestic financial market; support organizations that attract equity financing," the message says.

In addition, there is also an instruction to strengthen the increase in demand for shares of Russian joint-stock companies. The first report on the results of this work should be submitted by March 1, 2025, and the following ones - every six months.

From the point of view of the law, the government and the Central Bank of Russia should ensure that organizations are able to identify clients remotely, that tax deductions for individuals are allocated on the basis of the amounts that people have paid under shared life insurance contracts, and that a simplified procedure is introduced for the tax registration of persons who are not residents of Russia. This must be done by July 15, 2025.

All these instructions were given following the results of the 15th VTB Investment Forum "Russia Calling!".

"The Russian economy has fully recovered"

Vladimir Putin's speech at the forum "Russia Calling". Key quotes

Earlier, on December 4, 2024, during the same forum, Putin said that investment in the Russian economy is growing for the third year in a row, although the country is trying to create problems from the outside. The head of state added that by 2030, Russia has set a goal to increase investments in real terms by 60% by the 2020 level.

On the same day, Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), said that an inflow of foreign investments is also expected in Russia. This is due, in particular, to the pragmatic mood of US President-elect Donald Trump, who will give the opportunity to invest in Russia not only to the states of the Global South, but also to Western investors who regret having left the Russian market.