Earlier this week, the State Duma received a bill with prospective amendments to the Tax Code. Following a discussion by …
Dwindling income and its impact on furniture business
Consumer demand for furniture in Russia has been stagnating for several years in a row and the situation does not …
Russians do not invest their savings – Vladimir Gamza
Russia needs to develop efficient transmission mechanisms for investing savings. The country has over RUR 100 trillion ($1.5 trillion) of …
Microfinancing organizations bypass lending restrictions
Microfinancing organizations are finding new loopholes in lending restrictions. The new conditions that took effect on July 1 were supposed …
Russians massively default on loans
There are 12 mio borrowers in Russia whose loans are more than 3 months overdue, financial ombudsman Pavel Medvedev said …
Economic Development Ministry to assess export barriers by fall
Russia’s Ministry of Economic Development is working to create a register of barriers and restrictions that exist in Russian services’ …
Sergei Katyrin: Russia as attractive to investors as before
Seventy-five countries were represented at the 2019 St. Petersburg International Economic Forum. The largest delegation came from China, followed by …
Nikita Isayev: The two-percent economic growth is a lie
Chairman of the Audit Chamber Alexei Kudrin released a forecast in late May, according to which Russia’s GDP in 2019 …
Igor Devyatko: Investors are offered all platforms
Across Russia, there are now investment agencies that are intended to be a one-stop-shop for investors coming to Russian regions. …
Russia boosts food exports
The ruble-denominated revenue from food exports has almost tripled in the last five years, according to the FinExpertiza analytical report …