13 Aug 2018 15:23

Putin awaiting govt proposals on raising birth rate in Far East

MOSCOW. Aug 13 (Interfax) - Russian President Vladimir Putin has told the government to submit proposals on how to increase the birth rate in the country's Far East, including by increasing lump-sum payments for first children and family payouts for second children.

Another possible measure is to lower the mortgage rate for families with children.

The government's proposals must take into account financial consequences for the budgetary system.

The relevant instruction has been published on the Kremlin website.

The president also instructed the government to submit proposals to encourage relocation to the Far East Federal District for permanent residence.

This would involve increasing subsidies for employers enrolled in regional programs aimed at raising workforce mobility across the district and increasing relocation allowances for ethnic Russians living abroad who relocate to the Far East permanently, and to their family members.