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Latest News - #The Ministry of Finance of the Russian Federation (MinFin of Russia)

Siluanov praised the decision by the Fitch's rating of Russia

The decision of the Agency Fitch confirms the rating of Russia testifies to the sustainability of its macroeconomic structures even in the turbulent external environment, told reporters Finance Minister Anton Siluanov.

On Friday, the Agency Fitch affirmed the long-term sovereign Issuer default rating of Russia at "BBB" with a stable Outlook.

The Finance Ministry has proposed to cut funding for the nuclear industry

The Finance Ministry has proposed to reduce funding for the development of the nuclear industry in the years 2021-2023 approximately 67.5 billion.

This is stated in the document "Methodology of calculation of the maximum baseline budget appropriations of the Federal budget on state programs of the Russian Federation and non-programme activities".

The Ministry of Finance has proposed to reduce spending on the state Duma and the Federation Council

The Ministry of Finance of Russia proposed 2021-2023 years to reduce the costs of the state Duma and the Federation Council to 1.9 billion rubles.

This is stated in the document "Methodology of calculation of the maximum baseline budget appropriations of the Federal budget on state programs of the Russian Federation and non-programme activities".

The expert revealed the main circuits Forex Scam

Illegal Forex dealers are used not only to financial illiteracy novice investors, but also used psychological manipulation to the man was sure that is in the "big game", told RIA Novosti Chairman of the Federal Fund for the protection of the rights of investors and shareholders, project expert of the Ministry of Finance to improve financial literacy Marat Safiulin.

According to the expert, "Forex gurus" will explain to you that it is a chance in a million, and you must do everything possible to find funds. On the income received, will be offered to go to Bali and start to live a different life, but often happens is that people do not have time to quickly get a large sum of money and begins to "bite your elbows". In this regard, the next stage of the deception is the evening call from a "Forex guru".

Izvestia: the Finance Ministry has proposed to list the confiscated funds to the FIU

The Ministry of Finance has prepared amendments to the Civil and Budget codes, which involve the transfer to the Pension Fund of monetary funds of citizens against whom no evidence confirming the legality of their receipt. About this report "Izvestia" with reference to the press service of the Ministry.

The amendments are proposed to article 46 and 146 of the Budget code in terms of clarifying the list of revenues of the budget of the FIU. As has told "news" in a press-service of the Ministry of Finance, the Civil code currently entered clarifying amendments, according to which confiscated in cases that can be not only property but also money, if the legality of their receipt it is impossible to prove.

The Finance Ministry has proposed to raise the minimum price for non-food alcohol

The Finance Ministry has proposed to raise the minimum price for ethyl spirit made from not food raw materials, as well as on denatured ethyl alcohol from January 1, 2021 may increase by 2.3% to 44 cents per liter of anhydrous alcohol, a draft order of the Ministry published on the portal of projects of normative legal acts.

"To set the price (excluding excise tax and value added tax) on ethanol produced from non-food raw materials, and on denatured ethyl alcohol produced from edible and non-edible raw materials (excluding bioethanol), not below which are performed its purchase (except for import), deliveries (except for export), amounting to 44 rubles per 1 litre of pure alcohol", - the document says.

The Federation Council approved the law on purchases of state companies

The Federation Council at session on Friday has approved two laws about the minimum share purchases by contractors and the state companies of Russian products.

One of them gives the government the right to determine the minimum percentage of the state (with the exception of the SVR, FSB, organs of state security), and municipal customers of the Russian goods, works and services, in which they are used.

The Finance Ministry expects a decline in the number of companies with state participation in 1,5 times

The number of companies with state participation by the end of 2024 should be reduced to the level of the current year by about 1.5 times, up to 961, follows from the draft plan of activities of the Ministry of Finance of the Russian Federation on the years 2020-2025, seen by RIA Novosti.

According to the plan, in 2020 their number should be 1465 companies in 2021 will drop to 1319, in 2022 - up to 1187, in 2023 - to 1068 organizations.

The Finance Ministry plans to increase tax collection in Russia to 99% in 2024

The Finance Ministry plans to increase the collection of taxes and fees to the level of not less than 99% in 2024, follows from the draft plan of activities of the Ministry in 2020-2025 years, seen by RIA Novosti.

According to the plan, in the coming years the collection of taxes and fees will gradually increase: in 2020 it should amount of 98.72% in 2021 - 98,79%, 2022 - 98,86% in 2023 - 98,93%.

Siluanov told how the world avoided a collapse of the economy during a pandemic

Measures of the "group of 20" would prevent the worst scenario in the world economy in a pandemic COVID-19, said the head of the Ministry of Finance of the Russian Federation Anton Siluanov, speaking at a meeting of Finance Ministers and Central Bank governors "group of twenty", which took place on Saturday via videoconference.

"Taken "twenty" measures to support the economy and the population both at national and international level was effective and timely, which allowed to prevent the implementation of the most negative scenarios of development of world economy," Siluanov quoted in the message of the Ministry of Finance of the Russian Federation.

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