Showing 1 - 10 of 19
Amid financial instability, the state is not recommended to increase any form of financial pressure. On the contrary, it is advisable to limit state obligations, cut state expenditures and preserve reserves. However, the burden on taxpayers is not reduced or reduced insignificantly and only in...
Persistent link: https://www.econbiz.de/10012998532
In the period under review, a large number of regulatory documents was approved. A part of those documents is aimed at highlighting in the Tax Code of the Russian Federation tax issues resulting from adoption of the legislation regulating new types of fi nancial instruments and business deals,...
Persistent link: https://www.econbiz.de/10013000661
In the period under review, a large number of regulatory documents aimed at coping with crisis phenomena in the economy were released. The main guidelines for the RF Government's activities in the period under review, a large number of regulatory documents aimed at coping with crisis phenomena...
Persistent link: https://www.econbiz.de/10013020812
President Vladimir Putin's annual televised call-in show was held in the period under review. The Russian government economic and social blocs discussed whether to keep or revoke the compulsory funded component in the contribution to the Russian Pension Fund. Meanwhile, a decision was made to...
Persistent link: https://www.econbiz.de/10013022073
Russia's government began to implement its anti-crisis plan for 2015 by adopting specific 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...
Persistent link: https://www.econbiz.de/10013023168
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 impact...
Persistent link: https://www.econbiz.de/10013027555
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
Persistent link: https://www.econbiz.de/10013028747
The period of October–November 2014 was very unstable economically. The rapid slide of crude oil prices, below $80 per barrel, was followed by a nearly 40% depreciation of the ruble against world currencies. Having lifted limits on the ruble exchange rate fluctuations and imposed limits on...
Persistent link: https://www.econbiz.de/10013031065
Although the latest period saw failure in coping with economic stagnation in Russia, it should be noted that Russian's economy demonstrated a good stress resistance. In our opinion, this can be indicative of its gradual adaptation to the market. The ‘budget rule' has proved efficient – the...
Persistent link: https://www.econbiz.de/10013072519
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...
Persistent link: https://www.econbiz.de/10013055081