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State Council   /

Meeting of State Council Commission on Economy and Finance

July 5, 2023

Presidential Aide and State Council Secretary Igor Levitin and Chelyabinsk Region Governor Alexei Teksler co-chaired a meeting of the State Council Commission on Economy and Finance.

Taking part in the meeting were Head of the Republic of Sakha (Yakutia) Aisen Nikolayev, Trans-Baikal Territory Governor Alexander Osipov, First Deputy Minister of Finance Leonid Gornin, Chair of the State Duma Committee on the Financial Market Anatoly Aksakov, Head of Federal Taxation Service Daniil Yegorov, President of Public Entrepreneurs' Association OPORA Russia Alexander Kalinin, Auditor of the Accounts Chamber Natalya Trunova, deputies of senior officials of Russian regions in charge of economic and financial issues, and representatives of concerned federal executive authorities, expert and business community.

In his opening remarks, Igor Levitin noted that Russian regions’ financial stability and budgetary independence are gaining new relevance now that the country’s constituent areas have joined the effort to achieve federal goals, while unconditionally fulfilling all social obligations and carrying on regional development projects.

Alexei Teksler and Daniil Yegorov reported on the work that has been done and put forward proposals for further improving the single tax account mechanism in order to ensure the regular inflow of revenue to regional budgets.

Leonid Gornin informed the participants about the current state of regional budgets and the approaches to interbudgetary relations that are to be included in the federal budget for 2024 and the planning period of 2025 and 2026.

Alexei Teksler spoke about the development of proposals for improving interbudgetary relations so as to level the playing field for each region’s socioeconomic development and stimulate investment amid the external sanctions pressure.

The Commission’s proposals on improving the single tax account mechanism will be reported to the President; proposals on improving interbudgetary relations will be submitted to the Finance Ministry for consideration in drafting legislation that would stipulate approaches to interbudgetary relations in 2024 and the planning period of 2025 and 2026.

July 5, 2023