MOSCOW, April 1. /TASS/. The Bank of Russia and the government of the Russian Federation should take measures to bring capitalization of the country’s stock market to 66% of GDP by 2030. A respective instruction was given by President Vladimir Putin following the announcement of Address to the Federal Assembly in February.

The head of the state expects a report on April 1, 2025. Prime Minister Mikhail Mishustin and Central Bank Governor Elvira Nabiullina were made responsible. The list of instructions has been published on the Kremlin’s website.

In Address to the Federal Assembly the president stressed the importance of increasing the capitalization of the stock market for it to raise the role of the source of investment, adding that it is also necessary to enable citizens to invest savings in the country’s development as well.