Head of VTB went “goosebumps” because of participation of prisoners in construction

President – Chairman of the Board of VTB Andrei Kostin called the suggestion of the Federal Penitentiary Service (FSIN) on attracting prisoners to public buildings, reports RBC.

According to him, “Everyone will be fine – both Sacks and the economy,” but from it only “somehow goosebumps goes.” Kostin expressed the hope that this experience would not spread across the country.

Banker recalled the situation with prisoners, commenting on the State Duma the draft law on additional opportunities for the Central Bank from 2022. In the case of its adoption, the regulator will receive the right to directly limit the number of loans issued, including consumer. Thus, the Central Bank wants to deal with the slaughter of the population.

As shown by Kostin, in fact such a measure creates a precedent of the transition from economic to administrative methods, which scares. At the same time, some legislators believe that there are few measures proposed, even more restrictions should be added. The head of VTB admitted that the comparison is not entirely correct, but he does not like the substitution.

The bill needs the Central Bank to combat the supervision of the population. At the congress of the Association of Banks of Russia, the head of the Elvira Nabiullina regulator said that the growth rate of the Credit estimates may reach 20 percent.

This is significantly higher than the growth rate of income, as a result, the population directs almost 12 percent of real disposable incomes to maintain loans. The indicator for one percentage point is higher than in front of the pandemic, therefore, the Nabiullin emphasized, it is necessary to tighten the policy. The current bill has already been agreed with the government.

Head of FSIN Alexander Kalashnikov proposed to more actively use the work of prisoners and even partially replace them with labor migrants last week. From that moment on, the idea approved in the Ministry of Justice and the Investigation Committee, and the State Duma Speaker Vyacheslav Volodin pointed out that it was not enough to fully replace migrants in the country of prisoners.

According to sources, it has already begun to work out for work on the modernization of the Baikal-Amur highway (BAM). About 600 people will go there. After studying the pilot project, a decision will be made to further use.

/Media reports.