Experts to search for lost Progress spacecraft’s fragments in SiberiaScience & Space December 06, 23:57
Russian opera prima donna nominated for Grammy 2017 awardSociety & Culture December 06, 23:46
Russian pediatrician wounded in Aleppo flown to MoscowWorld December 06, 23:35
Putin looks forward to overcoming negative trends in turnover with TurkeyBusiness & Economy December 06, 21:20
Red Cross to continue humanitarian operations in Aleppo — spokespersonWorld December 06, 21:09
Russia proposes UN to be venue for discussing world’s controversial anti-doping systemSport December 06, 21:04
Dialogue on Germany’s initiative for armed control depends on NATO — diplomatRussian Politics & Diplomacy December 06, 20:57
Mikhail Saakashvili says he seeks to change Ukraine’s political classWorld December 06, 20:46
Defense minister promises 2017 World Military Games in Sochi to be held 'at highest level'Military & Defense December 06, 20:37
MAGNITOGORSK, June 21. /TASS/. The Russian taxation system must be stable and it will not be proper to change it in coming years, Finance Minister Anton Siluanov said on Tuesday.
"We see the need of keeping tax sources and taxes existing to date and say 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," Siluanov said.
"It [taxes increase - TASS] is unacceptable for us. We are saying we need to grow above the global economy rates. If taxes hike, what growth rates will be then?" the minister said.
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.
"We believe our task in these challenging conditions is to ensure macroeconomic stability, reduction of inflation and loan interest rates in the first instance," Siluanov said.
The Russian Finance Ministry predicts inflation will not be higher than 6% in 2016.
"We see inflation normalized quickly this year. Our inflation outlook is not above 6%," Siluanov said.