Lavrov says Russia-Belarus relations developing in working modeRussian Politics & Diplomacy February 21, 21:48
Condolence book in memory of Churkin opened at Russia’s Permanent Mission to UNWorld February 21, 20:53
Ukrainian billionaire Dmitry Firtash detained in Vienna at Spain’s requestWorld February 21, 20:40
UN secretary-general offers Lavrov condolences on Churkin’s deathWorld February 21, 19:53
OPEC does not see problems regarding growth of Russian oil exportBusiness & Economy February 21, 19:46
Kremlin to bake 100,000 pancakes for MaslenitsaSociety & Culture February 21, 19:23
Production of Mercedes Benz cars to start in Russia in 2019Business & Economy February 21, 18:43
UN Security Council holds a minute of silence in memory of Russia’s deceased envoyWorld February 21, 18:30
Russia and US might launch joint operations against terrorists in Raqqa — ministerWorld February 21, 18:17
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.