Home World News The government proposes to classify information about the country’s gold and foreign...

The government proposes to classify information about the country’s gold and foreign exchange reserves

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The government proposes to classify information about the country's gold and foreign exchange reserves


© Kirill Zykov / AGN Moscow

The information published by the regulator is now used not only by conscientious market participants and Russians, but also by foreign intelligence services, which use it for purposes unseemly for our country. In order to prevent Western countries from making decisions that harm Russia, the Government in its bill proposes to classify information on the size of gold and foreign exchange reserves as a state secret. The State Duma and the Federation Council believe that the measure will help protect the interests of our state.

In the current situation, when Western banks have frozen an impressive part of Russia’s reserves on their accounts, the Government considered it reasonable to limit the public disclosure of information about our gold and foreign exchange reserves. The Cabinet proposes to classify information on the size of reserves as a state secret.

The measure is fully justified, says Sergei Ryabukhin, First Deputy Chairman of the Federation Council Committee on Budget and Financial Markets. “300 billion of gold and foreign exchange reserves were stolen from Russia in the most shameless way. And all sorts of monstrous proposals of a similar nature continue to come to us. Up to the point of confiscating the property of Russian citizens. An economic war has been declared on Russia, therefore, not only our property and valuables should be protected, but also obstacles should be created for ill-wishers in obtaining information that is sensitive for the country, ”the senator explained to Parlamentskaya Gazeta.

Read also:

• The economist called the intention of the Central Bank to sue over the gold reserves as a political gesture • Siluanov: Western countries froze about $300 billion in Russian gold reserves • The Kremlin confirmed the discussion of creating a dual-loop monetary and financial system

The head of the State Duma Committee on the Financial Market, Anatoly Aksakov, also considers the measure necessary. “The information we publish is used not only by conscientious market participants and Russians, but also by foreign intelligence agencies and other unscrupulous individuals who use it to create problems for us. And in order not to give the opportunity to influence or make any decisions that harm our country, I think, temporarily, this information could be closed, ”the deputy told Parliamentary Newspaper.

The full material will be published on the Parliamentary Newspaper website at a later date.

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