Within the business program of the first day of the Moscow Financial Forum, 13 events with the participation of representatives of the federal and regional authorities, business, international economic and financial experts were held.

On the first day of the Forum, on September 6, the Session "Tax reform: to complete or to halt? Summing up tax system changeover" took place. Participants took a vote on whether to continue changing over the tax system. The Deputy Minister of Finance of the Russian Federation Ilya Trunin noted that the objective of the Ministry of Finance was to ensure that changes in tax legislation would not have a negative impact on investment projects. It is important to note that the most participants of the session see the need for a new edition of the Tax Code.

Participants of the Session "Prospects of the Russian economy and financial markets" addressed a set of issues related to investment. Answering the proposal to lower the dividends of state-owned companies and allocate the free surplus of the funds for investment programs, the Deputy Minister of Finance of the Russian Federation Vladimir Kolychev stressed: "The main task is to strengthen the role of the state as a shareholder in making decisions on the dividend policy."

During the session dedicated to new challenges in the social sphere facilitating achievement of Russia's education and culture national objectives till 2024, the Deputy Minister of Finance of the Russian Federation Anton Kotyakov told what kind of work was conducted in Russia to develop human capital:

"[May] Presidential Decree until 2024 predetermined the main directions: 5 of 12 national projects from the Decree are directly aimed at developing human capital," he specified.

Establishing a public procurement code, optimizing the number of by-laws, ensuring transparency of public procurement procedures - such an action program was formulated by the participants of the Moscow Financial Forum at the Session "Digital Public Procurement". The session was attended by the Deputy Minister of Finance of the Russian Federation Aleksey Lavrov, who said that during the last year specialists and experts of the Ministry of Finance worked on the creation of an electronic catalog of goods and services. To date, the catalog already includes 36 thousand items, 6 thousand of which - medicines.

The First Deputy Minister of Finance of the Russian Federation Leonid Gornin during the session "Inter-budget relations: choosing priorities" stated that the federal authorities would help the regions implement national projects from the May Presidential Decrees until 2024. For this purpose, 8 trillion rubles have been formed at the federal level.

At the Session "Regulating digital financial assets: issues and solutions", the participants discussed what aspects of the digital economy should be regulated by the state. The main decision, at which the Ministry of Finance arrived together with the Central Bank, is that the digital economy cannot be left without governmental regulation.

"There are two directions we work at: prevention of money laundering through crypto currencies and protection of clients against purchase of financial assets that they do not understand," Alexey Moiseev, the Deputy Minister of Finance of the Russian Federation, noted.

The first working day of the Forum was completed with the Plenary Session "From Macroeconomic Stabilization to National Projects. What kind of finance and economic policy will ensure a breakthrough?" with the participation of the Prime Minister of the Russian Federation Dmitry Medvedev and the First Deputy Prime Minister of the Russian Federation - Minister of Finance Anton Siluanov.

"This is a financial forum, but the agenda is much broader. And this is justified, because modern challenges are connected not only with the problems of money flow, but also with the economy as a whole, which is influenced by changes in global politics, trade, market conditions and international competition," the Prime Minister of the Russian Federation Dmitry Medvedev said in his welcoming speech at the Third Moscow Financial Forum.

Within the framework of the Moscow Financial Forum, a press conference of the First Deputy Prime Minister of the Russian Federation – the Minister of Finance Anton Siluanov was also held. He answered questions of journalists on a wide range of issues, including the annual budget, the rouble exchange rate, access to foreign markets and anti-Russian sanctions.

"We have forwarded most part [of the budget] for development, infrastructure. The budget policy, which ensures economic stability, will be preserved in the coming years," the Minister stressed.

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