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А. Ulyukaev will not Take Unjustified Steps Which May Aggravate the Economic Situation

24 june 2013

Alexei Ulyukaev who held the office of the First Deputy Chairman of the Central Bank of Russia till June 24, 2013 was appointed the Minister of Economic Development of the Russian Federation.

Comments on the Article: Low Investments Prevent Growth in Russia Carried by the Financial Times

21 june 2013

Participants in the St. Petersburg International Economic Forum which is currently underway express concern that the Russian economy has exhausted its potential of growth.

How Capacities are Utilized in the Russian Economy

21 june 2013

Utilization of capacities in the Russian economy has recently become the issue which is discussed at the highest level.

It is Worthwhile to Preserve the Flat Individual Income Tax Schedule

21 june 2013

Within the frameworks of the St. Petersburg International Economic Forum, Igor Shuvalov, First Deputy Chairman of the Government of the Russian Federation said that it would be expedient to introduce a progressive tax on individual income from 2018.

Measures Effective in the Short-Term Prospect will Result in the Inflation Rate

19 june 2013

The IMF revised downward the forecast of growth of Russian economy in 2013 from 3.3% to 2.5%.

Russian Industry in May 2003

19 june 2013

In May 2013, the Industrial Production Index amounted to 98.6% year on year; as compared to January-May 2012 it was equal to 100.2%.

Economic Guidelines are Obscure and Not Underpinned by Financial Resources

17 june 2013

On June 13, Vladimir Putin presented a fundamental document of strategic planning; the above document determines the main guidelines of the budgetary policy for the next three years - the Budget Message of the President of the Russian Federation.

A Compromise Measure Solves the Problem of Small Business Withdrawing into the Shadows

17 june 2013

Last week, the State Duma approved in the first reading the draft law which provides for reduction of the amount of insurance pension contribution for individual entrepreneurs (IE).

We Can Grant Cheap Loans, But It Will Result in the Next Crisis

13 june 2013

In a search for incentives of economic growth, Andrei Belousov, Minister of Economic Development of the Russian Federation has recently proposed to entrust monetary authorities with the right to set and control indicative rates on bank loans to companies.

No Business Boom is Expected in the Short-Term and Mid-Term Prospect

13 june 2013

As is known, in most developed economies enterprising is a foundation of economic growth and development.

Mending of Investment holes by Means of Sovereign Funds is a Bad Sign

11 june 2013

The debates on the issue on how to use funds fr om export commodity super profits arise in each country wh ere such super profits are accumulated.

The Bank of Russia Has Preserved the Monetary Policy Trend

11 june 2013

The regular meeting of the Board of Directors of the Central Bank of the Russian Federation did not result in a change in the monetary policy: as before the Bank of Russia made a decision to leave unchanged the rate of refinancing, as well as interest rates on operations related to liquidity absorption and short-term liquidity provision.

Establishment of an Independent Committee on Financial Stability Would be a More Efficient Measure

10 june 2013

A draft law aimed at upgrading of regulation, control and supervision on the financial market has recently been submitted to the State Duma. The document provides for amendment of the RF Code of Administrative Violations as regards assignment to the Central Bank of the Russian Federation of authorities of the Federal Financial Markets Service in respect of imposition of administrative sanctions.