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24 JUNE 2003  

Russian Union of Manufacturers and Employers offers to direct gold and currency reserves to investment projects

Russian Union of Manufacturers and Employers has developed the propositions on investment situation improvement. Arkadiy Volskiy, the President of the Union, has sent the list of the propositions to the President Vladimir Putin. The propositions have been approved by the President and directed to the Prime Minister Mikhail Kasyanov.

Russian Union of Manufactures and Employers proposes to return 50% investment privilege for profits tax, to simplify the mechanisms of VAT return in case of capital building, to return investment tax credit, to direct gold and currency reserves of the Central Bank to investment projects etc.


Source: REGIONS.RU


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