Russian Finance Ministry promises not to raise taxes

 Russian Finance Ministry promises not to raise taxes

It will not be proper to change Russian taxation system in coming years, the Russian Finance Minister Anton Siluanov said.

"We see the need of keeping tax sources and taxes existing to date. It will not be proper to change the taxation system in coming years. Stability of the taxation system should be ensured to provide for stable business climate," TASS cited Siluanov as saying.

The draft budget currently under preparation in the Russian government is a "challenging" one, the minister said. It is also important to improve administration and gathering of taxes in terms of the taxation policy, Siluanov added.

According to the minister inflation and loan rates reduction are priority tasks for the Russian economy.

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