The basic idea of the government's plan to accelerate the economy for 2017-2025 will be the growth of private market investments. This was stated by the Economic Development Minister Maxim Oreshkin at the congress of the Russian Union of Industrialists and Entrepreneurs.
According to Oreshkin's expectations, "the formation of mutual trust between business and the state" will promote investment growth.
The authorities have already made progress in achieving the sustainability of macroeconomic policies, the minister said, but this is not enough to increase investment activity. It needs stability of the tax system, tariffs of the natural monopolies, control and supervision system, listed Oreshkin. Another task of the authorities is an effective employment, namely, labor productivity growth and qualification of workers.
The tax system should support and stimulate economic growth, added Anton Siluanov Minister of Finance of the Russian Federation. The Russian Union of Industrialists and Entrepreneurs discussed the cancellation of all existing preferences and their replacement with a new tool - an investment incentive, he recalled. Siluanov also promised again that the authorities would not raise tax rates and burden on the business.
Before Russian Prime Minister Dmitry Medvedev singled out three key measures of the government's plan to accelerate economic development. According to him, it is necessary to create a sustainable environment, increase labor efficiency and create an infrastructure for the introduction of the digital economy for increase the pace of economic development in Russia.
"Clear rules are one of the key points in making investment decisions", - the prime minister said.