Russia's State Duma has passed amendments to the law on 2018 federal budget and the planned period of 2019-2020 today. On June 7, the State Duma passed amendments to the law on 2018 federal budget and the planned period of 2019-2020 …
Russian government will not change the tax regime during the next six-year period, First Deputy Prime Minister, Finance Minister Anton Siluanov said on the sidelines of the 2018 St. Petersburg International Economic Forum. …
Tax proceedings to Russia's consolidated budget increased by 20% in 2017, amounting to 17.3 trillion rubles, the head of the Russian Federal Tax Service, Mikhail Mishustin, said today. The increase in tax proceedings was …
Russia's State Duma has passed in the third and final reading a bill equating the minimal wage in Russia to the subsistence minimum. According to the bill, the change is to enter in force starting May 1, 2018. The bill was …
Russia's Finance Ministry expects that the budget deficit will be 2% this year, the head of the ministry Anton Siluanov said on the sidelines of the annual autumn meeting of the World Bank and the International Monetary …
Russia's minimum wage will be gradually increased and will reach the subsistence level, the Russian Minister of Labor Maxim Topilin said. He specified that the minimum wage ratio to the subsistence level will …
Russia's Deputy Prime Minister Olga Golodets asked the country's Vladimir Putin to ask authorities with raising the minimum wage today at a meeting of the Presidential Council on Strategic …
Russian government has adopted the program on privatization of state-owned assets for 2017-2019, Deputy Prime Minister Dmitry Kozak said. The government meeting headed by Prime Minister Dmitry Medvedev focused on the …
The Russian State Duma approved the draft budget for 2017 and the planned period of 2018-2019 in the third and final reading. 315 members of parliament voted for approval of the budget, 99 voted against it, TASS reports. …
Russian Finance Minister Anton Siluanov has presented a draft budget for 2017 and the planned period of 2018-2019 at the plenary session of the State Duma. According to the draft, budget revenues will be 13.487 trillion …
Speaker of Russia’s Federation Council, Valentina Matviyenko, took part in the parliamentary hearings "On the parameters of the Draft Federal Budget for 2017 and the 2018-2019 Planning Period". "We …
Prime Minister of the Russian Federation Dmitry Medvedev said at the meeting with President Vladimir Putin that the government deliberately based its budget for 2017-2019 on the oil price of $40 per …
The Russian government has submitted draft amendments for the 2016 federal budget to the State Duma. According to the government website, the draft law proposes to adjust the main characteristics of the budget for the current …
The draft budget for 2017-2019 assumes sanctions against Russia will continue until 2019 year-end and the oil price of $40, the Russian Prime Minister Dmitry Medvedev said. The draft will be submitted to the State Duma …
The Russian Finance Ministry’s proposal to freeze the federal budget spending in nominal terms for 3 years was approved yesterday at a meeting with the Prime Minister Dmitry Medvedev. The ministry proposed to set the …
The Russian government is returning to three-year budget planning. According to the Kommersant newspaper, on February 26 the Cabinet of Ministers on behalf of the First Deputy Prime Minister Igor Shuvalov addressed …
Heavy volatility makes formation of a three-year budget impossible; it negatively influences the effectiveness of planning
Russian President Vladimir Putin has approved the law on the federal budget for 2016. Due to the high volatility on the financial and commodity markets, the annual budget has been adopted for one year, instead of three years as it was earlier. The ...
The Russian Finance Ministry has prepared new proposals on taxes aimed at replenishing the budget. It is planned to take ruble revenues from oil exporters, who benefited in ruble terms from the fall in oil prices and the collapse of the ...
