NEWS
According to the Federal State Statistics Service of Russia, Russia's GDP increased by 0.9% in the II quarter of 2019 as compared to the same period last year. The Russian Federal State Statistics Service (Rosstat) has confirmed its preliminary assessment of the dynamics of the indicator, which was published in August.
“On my own behalf and on behalf of the Government of the Republic of Tatarstan I congratulate all financial officers and old stagers of the financial industry on the professional holiday – the Day of Financiers.
The Bank of Russia lowered GDP growth forecast in 2019 to 0.8-1.3%, the growth rates of the Russian economy in 2020-2021 are also revised down. This is stated in the regulator’s statement following the results of the board of directors of the Central Bank.
The gains from increasing the VAT will become visible following the implementation of the National Projects, and its first results are going to be able to seen at the end of 2019, Minister of Economic Development Maxim Oreshkin said.
The Russian economy will not be under serious pressure even if oil prices drop to $40 per barrel, Russian Economic Development Minister Maksim Oreshkin said.
On August 29, at the Ministry of Finances of the Republic of Tatarstan, a regular meeting in the videoconference mode with municipalities was hеld.
On August 26-27, meetings with the heads of financial bodies of municipal districts and city districts were held at the Ministry of Finance of the Republic of Tatarstan. It was devoted to the implementation of the local budgets January-July 2019 and expected execution of the local budget in August 2019.
On August 19-20, the meetings were held with representatives of "TAIF" Group of Companies, machine building, beer and alcoholic beverage producers enterprises.
On August 15-17, at the Ministry of Finance of the Republic of Tatarstan, the meetings with regions and cities of the Republic of Tatarstan has started, where forecasted income indicators of local budgets for 2020 are considered.
On August 13-14, at the Ministry of Finance of the Republic of Tatarstan, the meetings with ministries and departments on the projected indicators of expenditures of the draft budget for 2020-2022 are held.