Russian parliament passes first vote on war economy measures
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SATURDAY, AUGUST 13, 2022
Russian parliament passes first vote on war economy measures

Global Economy

Reuters
05 July, 2022, 05:25 pm
Last modified: 05 July, 2022, 05:30 pm

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Russian parliament passes first vote on war economy measures

The initiatives come more than four months into what Russia calls its "special military operation," which has prompted Western countries to impose a wave of sanctions against Moscow

Reuters
05 July, 2022, 05:25 pm
Last modified: 05 July, 2022, 05:30 pm
Russian parliament. File Photo: Reuters
Russian parliament. File Photo: Reuters

Russian lawmakers on Tuesday gave the first stamp of approval to two bills that would authorise the government to oblige businesses to supply the military with goods and their employees to work overtime to support Russia's invasion of Ukraine.

The initiatives come more than four months into what Russia calls its "special military operation," which has prompted Western countries to impose a wave of sanctions against Moscow.

One of the bills -- approved in a first reading by the State Duma, the lower house of parliament -- said the state could impose "special economic measures" during military operations, requiring firms to supply goods and services to the military at the demand of the Russian government.

An explanatory note attached to the bill said the military needed new materials and weapons repairs to pursue its Ukraine campaign.

"The need to promptly meet these requirements, especially in the context of sanctions against Russia and Russian legal entities, will require us to temporarily focus our efforts on certain sectors of the economy (...) and organise the supply of resources through state defence procurement," the note said.

A second bill, also adopted in its first reading, would amend the labour code to grant the government the right to regulate working hours and determine off-days at given companies.

This could mean the government could compel employees of businesses providing goods to the military to work at night, on weekends and holidays, and without annual leave.

Both bills were introduced to the State Duma by the Russian government. They still need to undergo second and third readings, be reviewed by the upper house of parliament and be signed by President Vladimir Putin to become law.

World+Biz

Duma / Russia economy / War economy

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