Russia’s Finance Ministry plans to collect additional 2.5 trillion rubles in 2017-2019 to finance budget deficit. The ministry wants to raise taxes, mobilize revenues and deplete sovereign funds in 2017-2019, some of the officials said. The proposals were discussed at a meeting held by the First Deputy Prime Minister Igor Shuvalov on Monday, but no…
The Russian government will use pension savings of the working people for 2017 to pay the current retirees, Deputy Prime Minister Olga Golodets said. The measure was used for the first time for savings in 2014 to spare more state money for the current pensioners. “We have reached a definite limit, there is no money…
Russia has certified Apple’s new smartphones, smartwatches and wireless headphones. The certification shows two modifications of the iPhone 7 instead of three earlier expected. The smartphones will run on the iOS 10 operating system. Apple certified three new models of the Apple Watch on the watch OS2 system. The U.S. giant will unveil its new…
Belarus is due to host an investment forum in Minsk on September 29-30. Entitled “Broadening the Horizons: Investment, Finance, Development”, the forum will focus on innovations, inflow of foreign direct investments (FDI), and protection of intellectual property rights. The major goal of the forum is to discuss relevant aspects of investment cooperation and attract the…
As of August 1, Belarus’ external state debt totaled $13.3 billion, up by $847 million or by 6.8% since the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry said. In January-July external state borrowings totaled $1.3 billion, including $800 million borrowed from the Eurasian Fund…
Turkmenistan and Germany signed an agreement on avoidance of double taxation with respect to income and property taxes in Berlin. The signing ceremony took place as a part of the two-day working visit of Turkmen President Gurbanguly Berdimuhamedov to Germany on August 29-30. Turkmengas State Concern also signed the memorandums of understanding with such companies…
Azerbaijan invites Chinese companies to intensify cooperation with local businesses, in particular, in industrial sphere, Chinese media reported citing Azerbaijan’s Deputy Economy Minister Niyazi Safarov. Safarov made the remarks at a session of the Azerbaijan-China Intergovernmental Commission on Trade and Economic Cooperation. Safarov said that Chinese companies participated in Azerbaijan’s 12 projects worth over $640…