Oligarch Oleg Deripaska has proposed significant changes to labor legislation in the Russian Federation to save the country’s economy. He believes that Russian citizens should work 12 hours a day, six days a week, from eight in the morning to eight in the evening, including Saturdays.
This is reported by Finway
Deripaska on the New Work Schedule
Deripaska emphasized that the only resource Russia has is the nation’s ability to mobilize in difficult times and work more. In his opinion, only by transitioning to such a work schedule can the economy adapt more quickly to the new global challenges that have arisen since 2026.
“The sooner we ourselves switch to this new schedule — from eight to eight, including Saturday — the faster we will undergo this transformation,” he stated.
Deripaska stressed that the current crisis is not caused by traditional economic problems, such as bank rates or the stability of the ruble, but is a result of the deep transformation the country is undergoing.
Proposals for Stabilizing the Russian Economy
Previously, Deripaska called for urgent measures to support the economy, particularly in light of the war in the Middle East. He suggested weakening the ruble to 105 rubles per dollar and lowering the key interest rate to 6%, considering this necessary to alleviate the financial situation in the country.
Additionally, the businessman recently participated in a meeting with Vladimir Putin, during which the Kremlin leader demanded financial support for the budget from the attending businessmen. It is known that the idea of voluntary contributions was proposed by Putin’s friend, the head of “Rosneft,” Igor Sechin. The Financial Times reported that only two businessmen, including Deripaska, agreed to make such contributions directly at the meeting.
Moreover, the recent Ukrainian drone attacks have caused significant damage to Russia’s oil refining infrastructure, severely limiting its export capabilities. Analysts estimate that Moscow has lost about 40% of its capacity to export oil to foreign markets.