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The Government will report to the State Duma on anti-crisis measures
Practical Law Legal Update 6-386-0697 (Approx. 2 pages)
The Government will report to the State Duma on anti-crisis measures
by White & Case LLP
| Published on 08 May 2009 • Russian Federation |
Speedread
The State Duma has adopted in first reading a draft law under which the Russian Government will be required to submit quarterly reports to the State Duma on the implementation of measures taken to counter the economic crisis.
On 25 March 2009, the State Duma (lower house of the Federal Assembly) adopted in the first reading Draft Law No. 154719-5 on Government reporting on anti-crisis measures.
Under the Draft Law, the Government will have to submit to the State Duma quarterly reports on the implementation of measures in support of the financial market, labour market and economic sectors. The purpose of reporting is to ensure the transparency of state anti-crisis activities.
Notably, on 6 April 2009, the Prime Minister, Vladimir Putin, reported to the State Duma on the Government's performance in 2008 addressing, among other things, anti-crisis measures already adopted and those planned.