Currency converter
^
News Feed
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Putin discusses problem of land relations with government

January 29, 2014, 17:18 UTC+3 NOVO-OGAREVO
President Putin has also demanded the government should make mortgage interest rates affordable
1 pages in this article
Russian President Vladimir Putin

Russian President Vladimir Putin

© ITAR-TASS

NOVO-OGAREVO, January 29. /ITAR-TASS/. Russian President Vladimir Putin finds it necessary to discuss the problem of land relations with members of the country’s government.

“This is the main component of development of construction sector and housing construction, it is impossible to develop construction sector at all and resolve the housing issue without efficient, civilized settlement of land issues,” the president said, opening a meeting with members of the country’s government at the presidential countryside residence on Wednesday.

Mortgage issues

At the meeting in Novo-Ogarevo, President Putin has also demanded the government should make mortgage interest rates affordable.

“The progress in mortgage loans is evident, but under target parameters the interest rate should be lower,” Putin told a cabinet meeting on Wednesday, adding that “the government has what to work on.” “I ask you to pay attention to the economic bloc and banks.”

At the moment, “Russia’s average weighted rate totals 12.5%,” First Deputy Prime Minister Igor Shuvalov said, noting that such mortgage rates “could not be called fully affordable.

Show more
In other media
Реклама
Реклама