Tatiana Radchenko Deputy Head
Foreign Automakers Need to Meet Production Localization Requirements if they Want to Get Benefits and Tax Exemptions
It will make more business sense for global automakers to establish assembly plants in Russia and export cars assembled here to other countries. The Ministry of Economic Development of Russia has drafted a new production localization formula to promote it, the Rossiyskaya Gazeta reports.
Natalia Safina Department for Expert Analytics
The government is resuming its program of offering help to mortgage borrowers. The maximum amount of financial aid offered for each restructured mortgage is 30% of the remaining principal balance (but no more than RUB 1.5 million), which should allow over 1,300 families to pay off what they owe the banks and hold on to their residence. A total of RUB 2 billion has been allocated to the program. "This can only partially improve the situation with foreign currency-denominated loans," the Analytical Center's expert Natalia Safina told a Rossiyskaya Gazeta correspondent.
Evgeniy Kislyakov Deputy Head
It is important that the Russian Scientific and Technological Development Strategy goes hand in hand with the Digital Economy Program
Before the Digital Economy Program was adopted at the end of July 2017, the Prime Minister of the Russian Federation Dmitry Medvedev had approved the implementation plan for the Russian Scientific and Technological Development Strategy for 2017-2019. The strategy is aimed at creating technologies that can meet major challenges increasing the share of high-tech products in the country's GDP, taking domestic high technology products to new markets, and improving the effectiveness of research. "It is important that the Russian Scientific and Technological Development Strategy goes hand in hand with the Digital Economy Program," believes Deputy Head of the Analytical Center Evgeniy Kislyakov. He described the objectives of the Strategy and its role in the development of the country's economy to Kommersant Science correspondent.
Inna Karakchieva Department for Expert Analytics
Do the design and architecture of school buildings have an impact on the kids? How does school environment affect the process of education? In an architectural show on Vechernyaya Moskva (Night Moscow) TV network, Leading Advisor of the Analytical Center Inna Karakchieva talked about the creation of modern school buildings and the important role that the environment that a child is put in plays in tapping into their full potential.
Victoria Gimadi Department for Fuel and Energy Sector
Russian municipalities are going to be able to start reforming the local heat markets. They will be able to do that under the new amendments to the Law on Heating Supply according to the Rossiyskaya Gazeta. "This reform is going to be of special interest to those municipalities that want to modernize their heating utilities under new conditions," believes Analytical Center expert Victoria Gimadi.
Daniil Nametkin Department for Expert Analytics
Neither the Ministry of Finance nor the Central Bank of Russia has an Explicit Policy of Limiting Dollar Loans
The share of the dollar in Russia's external debt has fallen to a minimum since 2014, RBC reports. "Government loans show the largest decrease in the share of the dollar: in Q1 2015 it was 51%, Q1 2016 — 43%, while the latest figures show only 28%. Nevertheless, neither the Ministry of Finance nor the Central Bank of Russia has an explicit policy of limiting dollar loans," the Analytical Center's expert Daniil Nametkin told RBC.
Roman Titov Department for Expert Analytics
Since the food embargo has been lasting for already three years, the PRIME reporters have asked the experts of pros and cons, achievements and challenges of the environment, in which the Russian economy currently exists. According to the agency, although Russian citizens were deprived of many familiar imported products, while the prices surged, it was not fatal: Russia still had food, thanks to Russian manufacturers who tried their best to fill the shelves with domestic products. However, it was not without adverse effects.
Oleg Kolobov Department for Fuel and Energy Sector
The share of coal-fired generation in the Russian energy sector has begun to decline, giving way to gas. Tighter climate and environmental regulations for power plants would put further pressure on coal use. Such measures may weaken the country's energy security and may worsen the situation for more than a million Russians in the coal-mining regions. The decline in the share of coal-fired generation was one of the topics of the new energy bulletin prepared by the Analytical Center experts.
Alexander Golyashev Department for Research Studies
Housing construction in Russia continues to decline, Rossiyskaya Gazeta writes with a reference to Rosstat. In the first half of this year only 28 million square meters were commissioned in the country, which is 11.3 % less than in the same period of 2016. By the end of the year, the Ministry of Construction expects about 75 million. But to provide roof over the heads of all people in need, it is necessary to build twice as much every year. The journalists of the newspaper have discussed with specialists some reasons for the reduced commissioned volumes and the conditions of living of the Russians.
Alexander Golyashev Department for Research Studies