Elvira Nabiullina became the Central Bank chief in June 2013.

During a closed-door part of the meeting there will be an exchange of views, reports by the Industry and Trade Minister Denis Manturov and Deputy Prime Minister Marat Khusnullin.

On April 14, Putin held a meeting on the situation in the oil and gas sector, while on April 18, he discussed general economic issues.

"Now it will be possible to apply for subsidized loans for projects providing at least 250 jobs, with an obligatory condition to complete them as planned," Mikhail Mishustin pointed out.

It was stated that Western countries are not going to stop the de facto economic war they have declared against Russia.

Banning oil and product flows from Russia to Europe would create a seismic shock, with more than 55% of European imports of diesel and gasoil coming from Russia, analyst with the Rystad Energy consulting firm said.

Russia supplies around 50% of energy coal, which is used as fuel for European power stations.

There are different estimates made by experts, Alexey Kudrin pointed out.

The Russian businessman ceased the majority ownership and control of the group as part of the agreement with the US Office of Foreign Assets Control in 2019, the statement reads.

External conditions remain challenging for the Russian economy, the regulator pointed out.