The list of decisions following the meeting of the Russian government includes an instruction to submit proposals to the Cabinet of Ministers on replacing the market debt of the constituent entities of the Federation with budget loans. This instruction will have to be fulfilled by the Ministry of Finance of the Russian Federation by April 7.
Also, the Ministry of Finance must submit proposals for restructuring the debts of subjects to Russia on budget loans provided by the Ministry of Finance of Russia in December 2020.
In addition, the Ministry of Finance and the Ministry of Economic Development and Trade are required to work out and submit to the Cabinet of Ministers proposals on the creation of new financial instruments, providing for the provision of infrastructure budget loans to the constituent entities of the Federation in 2022-2024 by April 15.