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Medvedev Says Anti-Crisis Legislation is Russian Government's Top Priority

© Sputnik / Dmitry Astakhov / Go to the mediabankRussian Prime Minister Dmitry Medvedev
Russian Prime Minister Dmitry Medvedev - Sputnik International
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Russian Prime Minister Dmitry Medvedev stated that implementation of Russia’s anti-crisis measures may require the preparation of about 60 bills and a series of presidential decrees.

Igor Shuvalov - Sputnik International
Russia
Russia Requires $21 Bln for Anti-Crisis Measures
MOSCOW, January 22 (Sputnik) – The implementation of Russia’s anti-crisis measures may require the preparation of about 60 bills and a series of presidential decrees, Russian Prime Minister Dmitry Medvedev said Thursday.

“Serious work [that will touch upon the country’s] legislation is required for the implementation of all these measures, including the preparation of 60 bills, a series of presidential decrees… and a great number of documents. This is our top priority right now,” Medvedev said at a government session.

The prime minister added that he had instructed the government to adjust the plan on legislative work.

"We may find all the best solutions, but if there is a delay in preparing the documents, there will be no progress even if these solutions are backed by money," he said.

Medvedev noted that the anti-crisis measures aiming at sustainable economic development in Russia, will include support for the small business in general, as well for individual companies.

On Wednesday, First Deputy Prime Minister Igor Shuvalov said the Russian government needs approximately $21 billion for anti-crisis measures.

The Russian economy is currently undergoing a downturn caused by a dramatic drop in prices on oil, which is the country's most important export commodity. The ruble has lost about a half of its value against the dollar since mid-2014. Russia is also affected by Western economic sanctions, imposed on Moscow over an alleged participation in the Ukrainian crisis, a claim the Kremlin has repeatedly denied.

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