Monitoring of the Federal Legislation dated 27.02.2023

Decision of the Government of the Russian Federation No. 257 of February 18, 2023 - payment for vehicles' transit on public toll roads of federal significance, toll sections of such roads (including if the toll section of the highway is a separate artificial road facility) and recognition as lost force of certain acts of the Government of the Russian Federation

Decision of the Government of the Russian Federation No. 274 of February 18, 2023 - the procedure for preparing and concluding a water use agreement, amending certain acts of the Government of the Russian Federation and invalidating certain acts and certain provisions of certain acts of the Government of the Russian Federation

Decision of the Government of the Russian Federation No. 272 of February 18, 2023 - amendments to the Rules for Issuing Permits for the Remote Retail Sale of Medicinal Products for Medical Use, Trade and Delivery of Such Medicinal Products to Citizens

Direction of the Bank of Russia No. 6366-U of February 21, 2023 on the Mandatory Reserve Requirements: the Bank of Russia has decided to raise, starting from March 1, 2023, the obligatory reserve ratios

President' Message to the Federal Assembly of the Russian Federation (dated February 21, 2023): the RF President analysed the state of the Russian economy in the face of unprecedented sanction pressure and identified the main directions for the development. Among the announced initiatives are the following: to provide businesses with tax incentives when purchasing Russian high-tech equipment; to insure voluntary pension savings of citizens in the amount of up to 2.8 million roubles; supporting children and families; to increase the minimum wage up to 19,242 roubles from January 1, 2024. The President also announced Russia's suspending its participation in the Strategic Offensive Arms Treaty.