Russia's President Vladimir Putin has ordered the formation of an interdepartmental commission tasked with countering the financing of terrorism.

The Kremlin said on Wednesday that under a decree issued by the Russian leader, the prosecutor general's office, the central bank and regional authorities are required to put forward any information they may have on terrorist activities.

The Kremlin spokesman Dmitry Peskov, meanwhile, said the commission aims to improve coordination among authorities in counter-terrorist activities.

"It's part of overall anti-terrorist activities, because eradication of financing of terrorism requires the efforts of a wide variety of agencies, it is a matter of coordination of the work of these departments. It will be the commission’s responsibility," he told reporters.

It is not still clear who would be part of the panel but Peskov said its composition would be defined for consideration in the near future.

The order comes a day after the Russian federal security service said a bomb had gone off on the Russian plane that crashed in Egypt in October.

On October 31, an Airbus A321, run by Russia’s Kogalymavia airline, crashed in the Egyptian Sinai Peninsula’s Red Sea resort of Sharm el-Sheikh, killing all the 224 people – mostly Russians – on board.

Immediately after the crash, an affiliate of the terrorist Daesh group in Egypt claimed responsibility. But Russian officials cast doubt on the account that the incident was a terrorist act – until now.

Following the announcement, the Russian president said that his country would increase its airstrikes against Daesh terrorists in Syria in response to the incident. In September, Russia launched an aerial campaign against terrorists, including Daesh, in Syria.