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Stepan Zemtsov, Senior Researcher, Innovation Economics Department of the Gaidar Institute, spoke to “Nezavisimaya Gazeta”  on untimely state support provided to the small and medium-sized business sector threatened with bankruptcy amid crisis.

Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, commented to “MK” on the Vladimir Putin proposal to raise the PIT rate from 13% to 15% per year for those who earn over annual RUB 5 million.

Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, told “Izvestia” about the inconsistencies in the submitted forecast for socio-economic development of Russia until 2023, that the Ministry of Finance was not again happy with.

Natalia Kornienko, Head of Tax System Development Department of the Gaidar Institute, commented to OSNMEDIA on the initiative to raise PIT up to 15% for Russians earning over RUB 5 million per year.

The Board of Directors of the Central Bank reduced the key rate from 5.5 to 4.5% and announced the possibility of further reduction. The existing rate is the lowest in the history of this instrument and its sharp reduction proves the switch of the Bank of Russia towards soft monetary policy.

Evgeny Goryunov, Researcher of the Gaidar Institute, spoke in an interview to radio “Sputnik”, how the reduction of the Central Bank key rate will influence the life of Russians.

In Russia, it was proposed to introduce new payments in favor of single-parent families; this measure envisages a monthly compensation in the amount of at least two minimum subsistence wages per person.  In his interview to the Govorit Moskva Radio Station, Vladimir Nazarov, Deputy Head of the International Department of Healthcare and Healthcare Reforms, Gaidar Institute, said that in calculations it is necessary to take into account the specific parent’s income and property.

The Government has returned to the idea of charging an increased tax rate from the well-off Russians. The authorities consider an option of increasing the individual income tax rate from 13% to 15% for wealthy Russians. Also, it is reported that the increased tax rate may be applied to individuals’ annual income of Rb2-3 million.

In his interview to the NM Channel, Alexei Vedev, Head of the Financial Studies Department, Gaidar Institute, Former Deputy Minister of Economic Development told about the specifics of the current economic crisis and the ways of exit from it amid the coronavirus pandemic, as well as the situation in the banking sector and on the Russian labor market.

The Argumenty i Fakty daily published the opinion of Alexander Knobel, Head of the International Trade Department, Gaidar Institute. According to Alexander Knobel, non-oil and gas exports demonstrated good dynamics in the past few years. As regards the International Cooperation and Exports national project, its volume is expected to increase by nearly 100% by the year 2024, that is, from $135bn to $250bn.

In its article, the Invest Foresight business magazine published an economic forecast which Alexei Vedev, Head of the Financial Studies Department, Gaidar Institute presented at the meeting of the FBK Economic Club dedicated to the topic: “Russia without Oil: Prescriptions for Survival.”

The Vedomosti daily presents the findings of the study carried out by Alexander Deryugin, Researcher of the Budget Policy Department, Gaidar Institute, in which he analyzed the effect of antiepidemic measures on regions’ financial situation (see the Online Monitoring of Russia’s Economic Outlook, Issue No.14 (116) May).

Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, spoke in an interview to “Infrastructure Economic Center” Consulting Agency about advantages of “hybrid” targeting against pure inflation targeting, anti-crisis government measures and medium-term prospects of Russian economy.

On May 29, 2020, within the framework of the “In Search of the New Architecture of Multipolarity: The Eurasian Economic Union’s International Cooperation” Round Table held at the NRU HSE Alexander Knobel, Head of the International Trade Department told about the main issues faced by the Eurasian Economic Union (EEU) and the ways of solution thereof.

Having studied the fiscal capacity of the regions based on the results of 4 months of 2020, Alexander Deryugin, Researcher of the Budget Policy Department, Gaidar Institute has come to a conclusion that Moscow saved regions of the North Caucasian Federal District from the budget crisis through the advanced allocation of fiscal transfers. Alexander Deryugin’s opinion was published by the Aktsenty online news outlet.

The Kommersant daily published an economic forecast for June. Alexei Vedev, Head of the Financial Studies Department, Gaidar Institute answered the following questions: What is the US Dollar/RUB exchange rate going to be? How will global prices of oil change? What will the inflation rate be? What is the US Dollar’s and Euro’s behavior going to be like on the global forex market?