“TASS” cites a consensus forecast compiled by a survey of investment bank analysts and rating agencies, which indicates that the decline in Russia's GDP will slow down by the end of Q3 2020 due to lifting of restrictions resulted from coronavirus and will amount to 5.9%.
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ALEXEY VEDEV: “RECOVERY OF THE ECONOMY WILL BE SLOW ESPECIALLY IN THE SERVICE INDUSTRY”
06 july 2020
SERGEY DROBYSHEVSKY: “THE ECONOMIES OF THE FORMER SOCIALIST BLOC COUNTRIES HAVE DRAMATICALLY CHANGED OVER 30 YEARS”
06 july 2020
Sergey Drobyshevsky, Scientific Director of the Gaidar Institute, talked to “AiF” Publishing House
on how the economies of these countries have changed after the collapse of the
socialist bloc.
NATALIA KORNIENKO: “INTRODUCTION OF PROGRESSIVE PIT WILL NOT DEMAND ANY ADDITIONAL REPORTING FROM INDIVIDUALS”
06 july 2020
Natalia Kornienko, Head of Tax System Development Department of the Gaidar Institute, replied live on radio station “Govorit Moskva” to questions related to progressive taxation: how difficult it will be to administer personal income tax, whether changes will require additional reporting from individuals and how much it will cost to administer the changed tax.
ALEXEY VEDEV: “A STRONG INITIATIVE IS REQUIRED TO STIMULATE SMALL BUSINESS”
06 july 2020
Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, commented to “Christian science monitor”, one of the leading American newspapers, the measures of economic recovery in Russia after the coronavirus pandemic ended.
STEPAN ZEMTSOV: “LESS THAN 10% OF PRIVATE ENTERPRISES BENEFIR FROM THE STATE SUPPORT IN RUSSIA”
24 june 2020
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:”I AM NEGATIVE ABOUT THE INTRODUCTION OF PROGRESSIVE TAXATION”
24 june 2020
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: “THERE ARE MANY INCONSISTENCIES IN THE SUBMITTED MACROFORECAST”
23 june 2020
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: “TAX INCREASE IN THE WAKE OF CRISIS IS NOT A POPULAR MEASURE”
23 june 2020
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.
EVGENY GORYUNOV: “THE BANK OF RUSSIA TURNS TO SOFT MONETARY POLICY”
22 june 2020
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: “WHAT DOES THE RECORD REDUCTION OF THE CENTRAL BANK KEY RATE PROVE?”
19 june 2020
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.
VLADIMIR NAZAROV: “TO FIGHT THE POVERTY, WE NEED A SYSTEM TO IDENTIFY LOWER-INCOME PEOPLE”
18 june 2020
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.
NATALIA KORNIENKO: “THE IDEA OF INCREASED TAXATION WILL UNDERMINE THE REMAINING ACTIVE ECONOMIC AGENTS”
18 june 2020
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.
ALEXEI VEDEV: “NEW IDEAS ARE NEEDED TO ACHIEVE SUSTAINABLE GROWTH RATES”
16 june 2020
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.
ALEXANDER KNOBEL: “NON-OIL AND GAS EXPORTS DEMONSTRATE GOOD DYNAMICS”
14 june 2020
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.
ALEXEI VEDEV: “IT WILL TAKE AT LEAST THREE YEARS FOR THE RUSSIAN ECONOMY TO RECOVER”
10 june 2020
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.”
ALEXANDER DERYUGIN: “HOW THE PANDEMIC AFFECTED THE RUSSIAN BUDGET”
10 june 2020
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).