Title for Episode VIII of world’s famous saga ‘Star Wars’ revealedSociety & Culture January 23, 21:19
Russia’s chief negotiator: Astana format gives hope for new level in negotiating processRussian Politics & Diplomacy January 23, 20:52
Astana talks focusing on mechanism of Syria ceasefire observance — oppositionWorld January 23, 20:23
Russia and Turkey hit Islamic State targets near al-Bab in Aleppo provinceWorld January 23, 20:06
Russia’s 4th Yasen-class submarine completes hydraulic testsMilitary & Defense January 23, 18:56
Arctic airport in search for investorsBusiness & Economy January 23, 18:50
Rosneft begins Arctic shelf’s seismological exploration from 2017Business & Economy January 23, 18:38
Tesla takes the lead in sales of electric cars in Russia in 2016Business & Economy January 23, 18:18
Politician says European-style reforms to degrade Ukraine’s economyWorld January 23, 18:16
MOSCOW, March 18. /ITAR-TASS/. Reunification of Crimea and the Russian Federation envisages the settlement of a number of major economic tasks.
Deputy Prime Minister Olga Golodets, in particular, said on Tuesday that the integration of a new entity into the pension system of Russia would necessitate Pension Fund reserves. “Any transition demands time, adjustment, but we don’t think it will take long,” she said. “The system of taxation in Crimea envisages bigger than in Russia deductions to the Pension Fund: in Crimea the level of taxation for pension aims is 36% for employers, while in Russia it is 22%,” Golodets continued.
Another issue is the setting up of a safe telecommunications system in Crimea, to which Communications Minister Nikolai Nikiforov draws attention, suggesting to wait till all legal procedures of the transition period are completed.
Another problem is Crimea’s adoption of the rouble, which may take two to three months, Minister for Economic Development Alexei Ulyukayev said.
“This is a difficult technical task, as it necessitates the management of payments and settlements, the opening of correspondent accounts, licensing and the adjustment of the banking system,” the minister said, adding, however, that “the scheme of actions is clear”.
As for long-term tasks, Ulyukayev believes the settlement of transport problems of the peninsula may cost “up to 100 billion roubles, communications infrastructure may necessitate dozens of billions of roubles”.
On the whole, he assessed Crimea’s budget deficit at 80-90 million dollars a month.
He also said that the settlement of the issue of special taxation schemes in Crimea would take several months. “Major job is underway, now our colleagues are working in Simferopol, and across Crimea on the whole”.