Putin instructs government to assume measures to lower mortgage rate to below 8%

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest

MOSCOW, February 27. /TASS/. President Vladimir Putin has instructed the Russian government and Central Bank to assume measures to reduce the mortgage rate to the level of 8% per annum and lower, according to the list of instructions published on Wednesday on the Kremlin’s official website following Putin’s State of the Nation Address to the Federal Assembly.

“The government of the Russian Federation together with the Bank of Russia should assume additional measures aimed at reducing the interest rate on mortgage home loans to the level of 8% per annum and lower,” the list of instructions runs.

In other media

Read the original article in full at TASS

Article Sourced via TASS

Like this article?

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest

Leave a comment