Ministry of Economic Development plans to make the Duma to adopt the bill on credit cooperatives

Ministry of Economic Development next week plans to introduce in the State Duma for adoption on second reading a bill on credit cooperatives, and expects the document to be adopted before the end of the spring session. Told reporters, State Secretary, Deputy Economic Development Anna Popova in the St. Petersburg International Economic Forum. "This session is scheduled to adopt a law on credit cooperatives. It is a law in the near future will go to the Duma for a second reading, literally next week," - she said. The deputy minister reminded that the bill has a long history. " He was introduced by the government and passed on first reading in 2004. According to Popov, the law will bring the whole system of credit cooperatives in the legitimate field, establish standards for credit cooperatives, self-regulatory system, as well as to define the concept of cooperatives in the second level, which are designed to bring liquidity to cooperatives of the first level. Portal Bank.ru Materials Rihanna.