In Moscow, at Manege Central Exhibition Hall, on September 6 and 7, the third Moscow Financial Forum was held. For the first time in a two-day format, the Forum brought together representatives of the federal and regional authorities, business, international economic and financial experts.
The second day of the Moscow Financial Forum was opened with the Plenary Session, within the framework of which a Conversation between the First Deputy Prime Minister of the Russian Federation - Minister of Finance Anton Siluanov and the Mayor of Moscow Sergey Sobyanin and guests of the Forum took place.
Anton Siluanov touched upon the topic of urban agglomerations, which was widely discussed on the first day of the Forum, on September 6. The Minister emphasised: "The main drivers of economic growth occur in agglomerations around large cities. This is where we see the highest growth rates: infrastructure, conditions for business development are created."
Within the framework of the Session "Government debt management and national capital market development", the Director of the Department of Public Debt and State Financial Assets of the Russian Federation of the Ministry of Finance Konstantin Vyshkovsky said that despite the sanction rhetoric and the potential introduction of sanctions on the Russian national debt, market players had no ground for panic: "In terms of its macroeconomic fundamentals, the Russian market, which has a low debt-to-GDP ratio, is still attractive to investors."
At the session "International taxation under external restrictions and global data exchange: deoffshorization enforcement", the Deputy Minister of Finance Ilya Trunin noted: the authorities want to return business to the Russian jurisdiction without pain for taxpayers.
Opening the Round Table "Strategy for improving financial literacy", the Deputy Minister of Finance Sergey Storchak announced that the Government of the Russian Federation had approved the Strategy for Improving Financial Literacy until 2023. "For the first time in the history of the Russian Federation, a systematic conceptual document was adopted on this topic, which entrenched the achievements of previous years and decades", Storchak said.
Andras Horvai, the Director and the Permanent Representative of the World Bank in the Russian Federation, noted Russia's success in the project of improving financial literacy of the population. According to him, one of the indicators of success is the First International Olympiad on Financial Literacy, which brings together participants from different countries for the first time on September 15.
The Deputy Minister of Finance Anton Kotyakov, in the course of the discussion dedicated to the achievement of national demographics and healthcare development objectives, said that it was planned to spend 3 trillion rubles within the national project. This amount includes not only procurement of modern medical equipment and modernization of the oncology program, but also automation in the healthcare sector. "We plan to create a single information space for all healthcare institutions, including primary care institutions", the Deputy Minister said.
Within the framework of the Session "Fiscal initiatives: oil and gas industry adaptation to operating new conditions", the participants discussed price stabilization in the domestic market, the completion of the tax maneuver and the transition to rent taxation. The Director of the Tax and Customs Policy Department of the Ministry of Finance of the Russian Federation Alexey Sazanov noted that, when competing the tax maneuver, the Ministry of Finance was guided by three strategic aims: to remove subsidies from oil refineries, to abandon the inefficient mechanism for granting export duty benefits, and to receive additional budget revenues.
On the second day of the Forum the Presentation "Integrated Information System in the Field of Control of the Turnover of Precious Metals and Precious Stones" with the participation of the Deputy Minister of Finance Alexey Moiseev was held.