NEWS

Ministry of Finance of the Republic of Tatarstan held a meeting with representatives of financial authorities, departments (offices) of Education, Culture, Sports, heads of institutions of further education of children to refine the number of students in institutions of additional education for the next fiscal year in order to form a municipal task for extra education of children in 2014.

The Ministry of Finance expects to increase revenues to the federal budget by 106 billion rubles in 2016 by increasing the dividend state-owned companies under IFRS to 35% from 25%, Head of the Ministry Anton Siluanov told journalists.

The Ministry of Finance is preparing amendments to the federal budget for 2013 and the next week will bring them to the government, said First Deputy Finance Minister Tatyana Nesterenko on Tuesday.

The Finance Ministry expects to receive additional revenues of 35 billion rubles from oil and gas than planned in 2013. This was stated by Minister Anton Siluanov at a meeting of the Budget Committee of the State Duma. "We'll get this year up to 35 billion rubles more than budgeted due to the fact that the price of oil is higher than budgeted," - he said.

The reservation of 15 billion rubles in the event of the need to allocate compensation due to seasonal risks will be provided within the framework of the state program of agricultural development in the Russian Federation since 2014, said Deputy Finance Minister Andrei Ivanov.

On September 17 Tatarstan President Rustam Minnikhanov took part in the panel discussion “Russia’s New horizons: building capabilities to compete in global markets” within the framework of Russian Innovation Week in Boston.

Board Chairman of OAO “ROSNANO” Anatoly Chubais, former US Ambassador to Russia John Bayerly took part in the discussion.

The main purpose of Russian Innovation Week is to demonstrate potential of Russian innovative industry, help Russian investors and venture funds to establish contacts with American partners, and Russian technological companies to get access to capital sources.

Russian and American officials, business leaders, venture investors and entrepreneurs in the sphere of technologies are taking part in the Russian Innovation Week. The conference is organized by OAO “RBK”, OAO “ROSNANO” and Skolkovo Foundation.

Besides the main programme, events for business-angels, investors and representatives of Russian corporations dedicated to experience of American partners in preparation and conclusion of deals, implementation and capitalization of innovation technologies, co-investing in technologies will be also held within the framework of the Russian Innovation Week.

Minister of Finance of the Republic of TatarstanRadik Gaizatullin held meetings with the manufacturers of excisable goods on September 16, 2013. Production and shipment of excisable products and the receipt of excise in the budget for "Tatspirtprom" and the branch of JSC "Moscow-Efes Brewery" in Kazan, the first 8 months of 2013 were discussed  as well as the expected performance to the end of the year.

The Ministry of Finance of the Republic of Tatarstan, on September 10-11, held meetings with the heads of financial departments of municipal and urban districts on the execution of local budgets in August 2013 and the expected execution of local budgets in September 2013.