Over the period under consideration, Russia continued to be faced with uncertainty in the sphere of fi nancial policy. The anti -crisis package put forth by the RF Government was the focus of attention.

It by all means is nearly twofold devaluation of the national currency amid falling crude oil prices that was the key event in the period under review, which determined Russia’s economic development vector.

Russia’s government began to implement its anticrisis plan for 2015 by adopting specifi c documents in the period under review. Despite its pro-market rhetorical statements, the government has so far taken no substantial steps towards economic reforms and enhancing the business environment in...

The following developments marked the period under review: the Gaidar Forum 2015 was held in Moscow on January 14–16, the World Economic Forum’s Annual Meeting was held in Davos (Switzerland) on January 21–23, 2015, as well as a draft document of anti -crisis measures aimed at tackling the...

During the period under review, November-December 2013, fiscal policy guidelines were formulated in the Presi¬dent’s Address to the Federal Assembly on 12.12.2013 and his speech at the 9th Annual Press Conference on 19.12.2013. In particular, new tax schemes and allowances were announced. In...

New trends in Russia’s fiscal legislation emerged and developed in the period under review, January thru February 2014. First of all, having adopted the International Financial Reporting Standards (IFRS), Russia is facing the challenge of approximating the existing schemes for the...

In the period under review, in the area of tax initiatives it is worth mentioning the speech of D.A. Medvedev, Chairman of the Government of the Russian Federation at the Gaidar Forum and signing of the General Agreement between the All-Russian Association of Trade-Unions, All-Russian...

The political events that took place in the period under review, concerning the declaration of independence of the Crimea from Ukraine, the referendum in the Crimea which gave rise to signing an agreement on the accession of the Republic of Crimea and the city of Sevastopol to the Russian...

Over the period under consideration it became evident that the already existing economic problems created by the negative effects, in the sphere of foreign politics, of the Crimea’s incorporation into the Russian Federation have been further aggravated by the deterioration of Russia’s...

In the period under consideration, as a result of restrictions imposed by Russia on food imports from those countries that had introduced sanctions against the Russian Federation or those that have joined the anti-Russian economic policy, the domestic market was being artifi cially limited. This...