– The Minister of economic development spoke out against the idea of the Ministry of Finance to prescribe in currency legislation the right of officials in the case of acute crises in the financial market to impose certain monetary limitations.
“Since we have abandoned any restrictions on capital transactions, we had two major crisis: 2008-2009 and 2014-2015, In these difficult times for the financial market, in moments of very high volatility, neither the government nor the Central Bank had not even thought about the fact that you can enter some capital restrictions,” – said in an interview to “Russia 24” (RTR) the head of the Ministry Maxim Oreshkin.
“So I think that the Ministry of Finance a little rushed, writing (proposing to register – if) it is in the legislation. I’m up against. Such mechanisms, we do not need in any situation. We have the right macroeconomic policies, we have built right here institutions that safeguard the stability of the financial market is above it is not necessary”, – he stressed.