“We can only welcome such a proposal… One of the effective methods of solving demographic issues is to support young families.

This is a solution to the housing issue, this is a family mortgage, this is an opportunity to use materiel funds, etc.,” the deputy said.

He recalled that by the decision of the president, young families also received additional subsidies.

“Which was a serious impetus for solving the housing issue and made it possible to create a family and give birth to children.

And this, in turn, had a positive effect on correcting the demographic situation,” Nilov added.

In conclusion, the interlocutor of RT noted that Russia, due to the COVID-19 pandemic and some other factors, “is in a demographic hole” and this issue needs to be addressed, including by stimulating economic measures.

Earlier, the Russian Ministry of Finance proposed extending the family mortgage program at 6% per annum to families in which a child is born before the end of 2023.