The Ministry of Finance received permission to buy shares of Russian companies and OFZs with money from the NWF

IN 2022 Up to a trillion rubles are planned to be allocated for investments 9 March, the President of Russia signed the law, which allows the investment of funds from the National Welfare Fund in shares of Russian issuers in the secondary market and government securities. The government has already decided to allocate 1 trillion rubles from the NWF in 2022 for the purchase of securities. This will be done by the Ministry of Finance, which will determine, how and for how long the purchases will take place. For transactions, the Ministry has the right to involve the state corporation VEB.RF. So far, only that is known from the conditions, that OFZ and shares, which can be bought with the funds of the fund, should not be linked to the financing of self-sustaining infrastructure projects. The purchase of securities is one of the government's measures to support the Russian stock market, which experienced a strong drop in late February. 28 In February, the Moscow Exchange stopped trading in Russian shares and 9 March has not yet resumed them.. The National Welfare Fund was established in 2008 and is designed to provide pension payments to citizens and cover the deficit of the Pension Fund of the Russian Federation. The NWF is replenished from the excess revenues of the federal budget from the oil and gas sector. On 1 February 2022 savings amounted to 13.6 trillion rubles. News, that concern everyone, - in our telegram channel. Subscribe, to keep abreast of what's happening: @tinkoffjournal.

Investidea: Analog Devices, because chip isn't cheap

Today we have a speculative idea: take shares of semiconductor device manufacturer Analog Devices (NASDAQ: ADI), in order to make money on the rebound of these shares. Growth potential and validity: 21% behind 18 months excluding dividends; 10% per annum during 15 years including dividends.

The law is signed, abolishing VAT on precious metal bars

9 March 2022 The Official Internet Portal of Legal Information reported, that the president signed the law, amending the tax code regarding the taxation of operations with precious metals. The corresponding bill was submitted to the State Duma 2 March of this year and accepted already 4 Martha.

NAUFOR proposes tax support measures for investors

National Association of Stock Market Participants, which includes brokers, management companies, depositories and so on, sent a letter to the Ministry of Finance with proposals for tax support for investors in the securities market. The news about it came 4 March on the NAUFOR website.

Buffett in his annual letter to shareholders: no attractive promotions today

At the end of February, Berkshire Hathaway CEO Warren Buffett wrote an annual letter to the company's shareholders.. The manager told, how he chooses stocks and why he holds a large stake in cash. About stock selection “Our goal is to invest in businesses with long-term economic benefits and top-notch management.

LG Display Review: Korean kings of smartphones and TVs

LG Display (NYSE: LPL) — Korean manufacturer of screens for high-tech equipment. The company is very cheap., and favorable conditions. But the company's huge debt can't help but worry investors.. When creating the material, sources were used, inaccessible to users from the Russian Federation.

Invitae View: genetic tests for all occasions

Invite (NYSE: NVTA) is a US diagnostic medical company headquartered in San Francisco. The organization provides services for a wide range of genetic tests and provides results for individual clients., healthcare institutions and biotechnology companies.

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