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In Russia established a Department to combat sanctions

В России создали департамент для борьбы с санкциямиThe staff of the new Agency will include 35 people.

The Ministry of Finance established a control Department for external constraints. This is stated in the message on the Agency’s website.

According to the press service, the new Department will implement interagency coordination for the development and implementation of measures to reduce negative effects and to counter the restrictive measures in the financial sphere concerning Russia and Russian companies.

“This will allow you to centralize and create the infrastructure for rapid response to any new restrictive measures”, – noted in Department.

The report stresses that the creation of the Department will not increase the overall size of staffing of the Ministry. All the staff of the new Agency will include 35 people.

Acting Director of the new Department appointed Dmitry Timofeev. In 2016, he held the position of Deputy Director of budget policy and strategic planning of the Ministry of Finance.

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